Central Banks Warned to Stand Firm Against Inflation The OECD has issued a stark warning to central banks globally, urging them not to lower their guard against inflation despite some easing trends. It highlighted that it’s premature to conclude whether the aggressive rate hikes have effectively curbed inflationary pressures, with core inflation remaining stubbornly high in many countries. The OECD’s cautious stance comes amidst a backdrop of the European Central Bank and the Federal Reserve signaling potential rate cuts, a move viewed skeptically by financial markets anticipating more easing. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Credit Markets Show Unwavering Strength Amid Rising US Inflation Concerns READ MORE Gold ETFs Wane Despite Highs: A Glimmer of Hope on the Horizon? READ MORE Why Buy Silver? 10 Reasons to Invest in Silver (w/ Charts) READ MORE The CPI Metric That’s Lower Today Than It Was in 1800 READ MORE The Fed is meeting today. Here’s what experts are saying about the odds of a rate cut. READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
