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Central Banks Don’t Need to Shift to Move Markets: Economy Week

  • Weekly take on events in the world economy and their meaning
  • Steel tariffs, U.S. jobs blowout, women in policy-making
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Draghi Says Change in ECB's Language Was Unanimous

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In a week of multiple central bank meetings, Tunisia raised interest rates and Kazakhstan cut them.

But as our weekly review of world economy shows, officials from Frankfurt to Tokyo didn’t have to change monetary policy to move markets. The lesson is that investors are watching most central banks closely for any sign they’re twisting toward tighter monetary policy.