Global central bankers

Global central bankers

The era of the global central bank may have arrived

The era of the global central bank may have arrived

There’s a striking harmony to interest rate hikes. Togetherness may succeed in quelling inflation, but deepen the consequent downturn

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 22, 2022. REUTERS/Brendan McDermid

Central bankers sing in harmony, but stocks don't like what they hear

Global policy makers are moving to hike interest rates much faster than telegraphed. Enda Curran reports. Source: Bloomberg

World’s central banks got it wrong, and economies pay the price

Markets are betting against central bank guidance as inflation spikes

Markets are betting against central bank guidance as inflation spikes

Photo: Reuters

It’s too early to stop virus spending, global central bankers say