Page 32 - ஆஸ்திரேலிய விவேகமான ஒழுங்குமுறை அதிகாரம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MacroBusiness Access Subscriber Only Content Moody’s with the note: As economic recoveries proceed at different speeds and stages around the globe, there is rising interest about when normalisation of monetary policy will begin. Many central banks have had interest rates sitting at the lower bound since providing unprecedented monetary support at the height of the global pandemic. Normalisation of the U.S. federal funds rate could begin in early 2023, while tapering of the Federal Reserve’s quantitative easing could begin in January. This will likely prompt some emerging markets, including in Asia, to follow suit. Indeed, Mexico’s central bank surprised on Thursday with a rate hike, encouraged by high inflation. Market pricing suggests further increases are coming in Mexico in the near term.

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