Why central banks must do more to tighten their belts

//Why central banks must do more to tighten their belts

Why central banks must do more to tighten their belts

It’s an old cliché that a stitch in time saves nine, but have central banks missed their chance to bring inflation to heel?It’s a big issue, especially for global bond markets, whether central banks are ahead or behind the curve on inflation-fighting, or whether last week’s US Federal Reserve shift to a tightening bias and the Bank of England’s opening salvo of higher rates might have hit the timing sweet spot.Global inflation is subject to a lot of volatility right now thanks to Covid-19…

Article by [author-name] (c) Business - South China Morning Post - Read full story here.

By | 2021-12-20T19:30:18+00:00 December 20th, 2021|Business|Comments Off on Why central banks must do more to tighten their belts