Central bank officials, including Bill Dudley and BIS chief Carstens, caution that global inflation remains a concern, suggesting that higher interest rates may be necessary to combat inflation. The BIS warns that while the world's major economies are heading for a 'soft landing,' inflation has not been fully defeated.
Global inflation not yet defeated, BIS warns https://t.co/ROpiDRzHji https://t.co/iQk4HaNTnb
Central banks mustn’t declare victory over inflation too soon and might have to stick with higher interest rates for a while, BIS chief Carstens says https://t.co/KH116DEBOL
Central banks mustn’t hail victory over inflation too soon, BIS’s Carstens says https://t.co/Trhlw2g4iz https://t.co/8VfxakzAqP
⚠️ GLOBAL INFLATION NOT YET DEFEATED, BIS WARNS Full Story → https://t.co/GbXQdFN7uB The world's top economies are on track for a "soft landing" but inflation has not yet been fully defeated, the head of a central bank umbrella group warned on Monday just as policymakers… https://t.co/P0pnUu8SOD
Fed and other banks to make 'major progress' on rates this year, BIS chief says https://t.co/SATn7gvM68
Fed may need to keep rates higher in a hotter-growth world, Bill Dudley says https://t.co/feUb2aI58N