For those waiting in anticipation of a sudden central bank reversal on interest rate hikes or full capitulation and a return to stimulus, you might be holding your breath a while longer.
A host of central banking heads from around the world delivered a unified message of hawkish intent on Saturday at the Kansas City Fed’s annual retreat in the Grand Teton National Park in Wyoming. The heads of the Bank of England, Swiss National Bank, Bank of Japan, Bank of Korea and several European Central Bank policy makers delivered remarks that sought to unequivocally commit to raising interest rates […]
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