Economics
When It Comes to Rates, What Are Central Banks Going to Do Next?
We outline what they’ve done lately and attempt to analyze what might happen in future
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Global central banks are gradually withdrawing easy monetary policy a decade since they began racing to the rescue of a world economy skidding into recession.
The Federal Reserve’s benchmark is now the highest since 2008 and officials are signaling another hike in December and more in 2019. Emerging markets from Argentina to India have acted to defend their currencies.