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World’s Big-Three Central Banks to Meet With Different Agendas

  • Fed expected to tighten, ECB to map exit, BOJ to hold course
  • Global growth is firm but the outlook has become uncertain
Bloomberg business news
Bank of Singapore’s Richard Jerram discusses Japan’s economy and central bank policy.(Source: Bloomberg)
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The world’s three most powerful central banks convene next week, with the U.S. Federal Reserve setting the pace in a retreat from the era of easy money.

Three meetings within 36 hours of each other are set to conclude with the Fed raising interest rates, the European Central Bank potentially fleshing out its plan to cease buying bonds, and the Bank of Japan maintaining its massive stimulus program.