The pace and scale of rate hikes delivered by central banks in November picked up speed again as policy makers around the globe battle decade high inflation.
The European Central Bank, the Bank of Canada, the Swiss National Bank and the Bank of Japan did not hold rate setting meetings in November."Interest rates will continue to rise," said Alexandra Dimitrijvic at S&P Global Ratings, looking ahead to 2023. "Central banks' determination to bring down inflation suggests that policy rates need to go higher still."the U.S.
Some nascent signs that inflation could be slowing in the United States have brought cheer to markets in recent days, with Fed officials scheduled to meet on Dec. 13 and 14.the U.S. central bank could scale back the pace of its rate increases "as soon as December". Data from emerging market central banks showed a similar pattern. Eight out of 18 central banks delivered a total 400 bps of rate hikes in November - up from 325 bps in October, but some way off the 800-plus bps monthly tallies in both June and July.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Oakland: Arrest made in November ATM theftThe suspect was taken into custody while retrieving property from the OPD Administration Building.
Baca lebih lajut »
XPeng Electric Car Sales Decreased By Almost 63% In November 2022XPeng reports a further year-over-year decrease in its electric car sales, although the latest results are slightly better than in October.
Baca lebih lajut »
November jobs report was not a blowout, it was a big disappointmentNovember's job report was greeted with enthusiasm by many. But the rosy picture that was painted by the White House is misleading. A deep dive into the numbers tells a different story.
Baca lebih lajut »
TooFab's Week In Celebrity Photos: November 27 - December 3Robert Pattinson and Suki Waterhouse make a RARE public appearance together at the Dior Fall 2023 Menswear Show in Giza, Egypt. (via toofab)
Baca lebih lajut »
Every Restaurant Opening and Closing This Week, November 26-December 2So Many Roads has returned! It's back for the Dead!
Baca lebih lajut »
Norway BEVs Hit Record Volume in November - Tesla Model Y LeadsPlugin electric vehicles took 89.3% share of the auto market in Norway in November, down from 91.2% year on year.
Baca lebih lajut »