Central Banks
End May Be in Sight for Global Rate-Hike Cycle as Fed Nears Peak
- Quarterly outlook on what to expect from monetary policy
- One more Fed hike and a pause could herald pivot by peers
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Most global central banks may be either close to a peak or already done with interest-rate hiking, auguring a hiatus before possible monetary loosening comes into view.
With the first signs of dents in economic growth now visible, and fallout from financial-market tensions lingering, any pause by the Federal Reserve after at least one more increase in May could cement a turn in what has been the most aggressive the world has seen in decades.