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Marketmind: When the Dragon sneezes, Europe catches a cold
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Norges Bank Signals September Hike
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New Zealand delays rate increase
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Norges Bank Signals September Hike
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Itâs the Beginning of the End of Easy Money
Jul 04 2021, 8:22 PM
July 04 2021, 4:31 AM
July 04 2021, 8:22 PM
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(Bloomberg)
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Central banks are starting to tip-toe away from the emergency stimulus they deployed to fight the pandemic-driven global recession.
Federal Reserve Chair Jerome Powell and colleagues have begun debating when and how to slow their asset-purchase program, while the Peopleâs Bank of China is already curbing credit growth. Brazil, Mexico, Turkey, the Czech Republic and Russia have hiked interest rates and others are starting to publicly detail how they may pull back support.