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 Banking Sector Woes Propel Treasury Rally, Rate Cut Forecasts READ MORE Economic Recession and Yen Depreciation Push Japan Behind Germany READ MORE Central Bank of Ireland Bolsters Economic Security by Doubling Gold Reserves READ MORE Gold Inches Higher, Supported by Soft Dollar and Rising Middle East Tensions READ MORE Oil Prices Climb as Market Optimism Grows Amid Tightening Supply Signals READ MORE Add a Comment Cancel replyYour email address will not be published.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
