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**Inflation** and the **monetary policies** in place to try and combat it were big topics. Central banks were under pressure to take decisive action. This resulted in a range of monetary policy responses, including interest rate hikes and quantitative tightening. The goal was to curb inflation and maintain price stability. These policies had mixed effects, with some countries seeing a slowdown in economic growth, while others were still struggling with rising prices. The impact of these measures was felt across financial markets, with investors reacting to changes in interest rates and economic outlooks. The actions taken by central banks also had an impact on the value of currencies, which in turn affected trade and investment flows. Several countries were experimenting with new economic tools and strategies to deal with the economic effects. It was a month of tough decisions and difficult choices. It was a tricky balancing act.
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* **Placing orders:** Choose whether to place a market order (execute immediately at the current price) or a limit order (execute at a specific price).
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