From Zurich to London to Washington, the great inflation scare is fading
22/3/2024 6:26
From Zurich to London to Washington, the great inflation scare that gripped the world economy after the pandemic is suddenly no longer keeping central bankers up at night.
Their confidence that raging consumer prices have been tamed is such that the Federal Reserve just defied recent data to keep projecting three interest-rate cuts this year — and then the Swiss on Thursday went ahead and delivered one already.
Source: Bloomberg
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