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 Larry Fink joins Jamie Dimon and Jerome Powell is sounding the alarm on ‘snowballing’ national debt: ‘The situation is more urgent than I can ever remember’ READ MORE UK inflation falls more than expected, hits lowest in nearly two-and-a-half years READ MORE Why I Took Physical Delivery of My Tesla Stock Certificates READ MORE IMF's Brighter Global Outlook: U.S. Strength and China's Stimulus Lead the Charge READ MORE US Job Cuts Rise Sharply in January READ MORE Add a Comment Cancel replyYour email address will not be published.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