Tuesday, 02 January 2024 12:17 GMT

Are The World's Central Banks About To Slam On The Brakes Together? Arabian Post


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(MENAFN- The Arabian Post) clearfix">

The world's most powerful central banks are lining up to raise interest rates at the same time. History suggests this rarely ends quietly.

The Federal Reserve is, I believe, likely to hold this month, then hike in December. Markets put the odds of a European Central Bank rise in December at 84%. Canada's inflation has smashed through its target. British wage growth keeps running hot.

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The Arabian Post

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