Central Banks Take It Easy to Give Global Growth Second Look
- ECB ‘didn’t discuss monetary policy’ in Thursday decision
- Sweden’s Riksbank pushed back a plan to raise interest rates
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Central banks from Frankfurt to Ottawa appear to be taking a lower gear on the road away from easy monetary policy amid signs some key economies are slowing.
The European Central Bank avoided any discussion of its next steps toward ending bond buying and Sweden’s Riksbank pushed back a plan to raise interest rates for the first time in seven years. Just days earlier, the Bank of Canada governor said more work is needed to heal the scars of the crisis.