Rate hikes echo around the world as inflation proves unrelenting
US Federal Reserve’s signal for more hikes is echoed by BOE, SNB, Norges Bank, while economic growth set to be taxed by further monetary tightening
22 June 2023 - 22:08
Central bankers’ mounting concern that inflation remains undefeated is locking them into a new phase of monetary constriction on economies already jolted by a year or more of interest-rate hikes...
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