Base

More and more countries are starting to lower rates, due to the threat of recession and the heavy burden on business. 
For example, Brazil and Mexico have lowered rates despite inflation rates above 6%. 
The highest rates are still in Argentina at 40% and Turkey at 50%. 
However, Argentina's inflation rate is much higher at 275%, while Turkey's inflation rate has fallen to 75% year-on-year. 
The lowest rates are still in Japan and are held at 0.05%. 
And the lowest inflation rate according to official statistics in China is around zero. 
However, the reliability of these data is difficult to verify
Many data points to a high probability of massive business bankruptcies near the end of the year if rates do not start to fall. 
But politicians are mostly more concerned about inflationary pressures on consumers, especially with elections in many countries this year. 
And populist measures without serious reforms in the economy lead to a situation like Argentina and Venezuela