Cracks Start to Emerge in Global Central Bank Synchronicity
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The four-year synchronization among developed-world central banks might be about to weaken as domestic drivers take over from global trends in determining price outlooks.
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Published Feb 18, 2024 • 4 minute read
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(Bloomberg) — The four-year synchronization among developed-world central banks might be about to weaken as domestic drivers take over from global trends in determining price outlooks.
A pioneer of inflation targeting in the early 1990s, New Zealand has a knack of setting trends in monetary policy. And it may do so again by snapping the policy uniformity, with traders pricing the possibility of an interest-rate hike that ANZ Bank economists say could come as soon as Feb. 28.
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Bloomberg News
2024-02-18 16:22:57
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