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Global Rate-Cut Standoff Looms in 2023 Policy Finale

From bnnbloomberg.ca

From Washington to Frankfurt to London and beyond, central bankers are approaching their final decisions of the year against a backdrop of unease at how the global inflation cycle is turning. Policymakers from fully half of the Group of 10 jurisdictions of most-traded currencies are scheduled to meet in the coming days, and interest rates for 60% of the world economy will be set in a whirlwind 60-hour window. Most notable will be the US Federal Reserve on Wednesday, followed on Thursday by central banks including those of the euro zone and the UK. With the exception of Norway, which may conceivably raise borrowing ... (full story)

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  • Category: Fundamental Analysis