LONDON : Major central bank interest rates moves were off to a tepid start in January with a single hike by Canada but the pace will speed up again in February with policy makers in the U.S., Britain and the euro zone out of the starting blocks already. January saw just three meetings by central banks ove
LONDON : Major central bank interest rates moves were off to a tepid start in January with a single hike by Canada but the pace will speed up again in February with policy makers in the U.S., Britain and the euro zone out of the starting blocks already.
However, the first days of February showed central banks were not quite done yet with monetary tightening, with the U.S. Federal Reserve adding 25 bps and the European Central Bank and the Bank of England each hiking by 50 bps. "Now, falling energy prices are reducing headline inflation and fuelling optimism that monetary policy may be eased later this year."
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