Economy · World
Global Central Banks May Hike Rates Amid Inflation Concerns
Several central banks globally are considering further interest rate hikes due to persistent inflation. In the United States, a pickup in job growth may prompt the Federal Reserve to increase rates again. Similarly, Australia's Reserve Bank is tipped to hike rates as inflation remains stubborn. Meanwhile, growth is playing a key supporting role in the Bank of Canada's decision regarding a potential rate hike.
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- Centre (3): Bloomberg, Business Standard, The Wall Street Journal