Central Banks
Top Central Bankers Deliver Hawkish Message at Jackson Hole
- ECB officials vow to act ‘forcefully’ to curb red-hot prices
- Bank of Japan has a different challenge, Kuroda tells forum
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The world’s top central bankers delivered a stern and unified message on the need to curb inflation, declaring at Jackson Hole that it is broad based, here to stay and will require their forceful action.
The heads of the Bank of England, Swiss National Bank, Bank of Japan, Bank of Korea and several European Central Bank policy makers spoke Saturday at the Kansas City Fed’s annual retreat in the Grand Teton National Park in Wyoming.