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Analysis-Central banks have yet to script final act of inflation fight as risks rise - Stock market news

WASHINGTON (Reuters) - Major central banks may be deep into their drive to raise interest rates in hopes of killing inflation, but the endgame remains far from clear as price increases prove harder to slow than expected, and analysts caution that financial markets could still break along the way. | 01:07am
World Bank District Of Columbia United States White House United Kingdom Dan Burns

ANALYSIS-Central banks have yet to script final act of inflation fight as risks rise

But all are also felt to be closing in on a peak interest rate for this round of monetary policy tightening while holding fast to projections that inflation will slow steadily over the next year or two without a major blow to economic activity. That view has received a skeptical response from top global policymakers and analysts who see a world where persistent shortages of labor, cleavages in global supply, and wobbly financial markets may force a choice between higher and longer-lasting infla...
White House District Of Columbia United States World Bank United Kingdom Joachim Nagel

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