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Charting the Global Economy: Central banks hold the line
Global central banks maintained interest rates this week due to rising energy costs. The Federal Reserve and Bank of England saw some officials push for hikes. Inflation accelerated in Germany and France, impacting consumer prices while Japan lowered its economic growth forecast amid higher oil prices.
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economictimes.indiatimes.com
Fed keeps interest rates unchanged, citing ongoing inflation concerns
Federal Reserve officials decided to keep interest rates unchanged this week. A fractured vote indicated some policymakers favored a rate increase. Recent inflation data showed a…
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channelnewsasia.com
Major central banks steer a cautious hiking path
LONDON/MILAN , July 30 : The bond market selloff after this week's Federal Reserve meeting highlights the challenge policymakers face as they grapple with what higher energy…
