Economics
Fed Kicks Off Most Aggressive Global Tightening in Decades
- Central banks poised for series of hikes after Fed’s shift
- Markets face bumpy ride as asset values already ‘stretched’
This article is for subscribers only.
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
Federal Reserve Chairman Jerome Powell fired the starting gun for potentially the biggest and fastest tightening of global monetary policy in years.