bullish
Central Banks’ Policy Pivot Impact on Developed Markets
225 Views11 Jan 2024 11:38
SUMMARY
- Throughout 2023, the global developed economy was at the forefront of tackling rising inflation that has been gathering steam since mid-2022.
- The majority of developed G20 countries saw their central banks raise policy rates at record pace to tame rampant price increases.
- Rapid tightening and the potential of an upcoming pivot has resultantly upended stability in growth prospects for the upcoming year.
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- Central Banks’ Policy Pivot Impact on Developed Markets11 Jan 2024
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