This is a far more pronounced rise than that recorded in the United States, a clear sign of the very serious difficulties, in both  industrial and international policy terms, experienced in Europe. Oil prices, which as early as last spring had recouped the drop recorded in 2020, continued to rise, against a backdrop of high volatility.
5 Moving to 24/7 Real-Time Settlement Today, our payment system is again at a crossroads. There is a growing gap between the transaction capabilities we need and expect in the digital economy--fast, convenient, and accessible to all--and the underlying settlement capabilities. Consumers and businesses increasingly expect to complete transactions with a simple keystroke, swipe, or tap.