Eco Week Ahead

Central Bankers Curb Their Enthusiasm for Rate Hikes 

  • Australian, Indian officials may lift rates but end tightening
  • A dozen rate decisions are due in wake of Fed last week
Fed Chair Jereme Powell speaks as the US central bank hints its hiking cycle may be slowing.Photographer: Kevin Dietsch/Getty Images North America
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Waning global enthusiasm for aggressive interest-rate increases may dominate the dozen or so central-bank decisions due in the coming week.

In the wake of the Federal Reserve’s quarter-point move — and a market rally driven by investor euphoria that the inflation shock is finally fading — its peers are already well on the way to stopping as well.