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Currency Movements Highlight Monetary Policy Divergence

Por: RTTNews Business January 23, 2023

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Currency movements during the week spanning January 16 to 23 brought to the fore the wide divergence between monetary policy approaches pursued by major central banks. While the steady decline in inflation provided the Fed with ammunition to taper the rate hikes, it appeared to be hesitant and slow in obliging with a quick dovish pivot. The European Central Bank in the meanwhile reiterated its allegiance to the goal of fighting inflation, amidst... + full article



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