(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
Most Read from Bloomberg
A 36-hour rush of global monetary decisions may set the tone for the rest of the year as the world adjusts to a US push to keep interest rates high.
Starting with the Federal Reserve on Wednesday and ending with the Bank of Japan two days later, monetary policy will be determined at key meetings across half of the Group of 20.
Advanced-economy central banks, accounting for six of the 10 most-traded currencies, may draw particular focus as global policymakers adapt to the theme US officials set out at Jackson Hole in August: that rates are likely to stay higher for longer.
All evidence suggests inflation isn’t fully tamed across much of the world, and the ongoing rise in crude oil prices is stoking worries of yet more pressure.
So no-one will dare to declare that their job is done, even amid the prospect that central banks in countries from the UK to…
2023-09-17 03:17:57
Article from finance.yahoo.com
rnrn