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19.12 - 13:41
Global Central Banks Diverge as Omicron Clouds Growth, Inflation Outlook
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FRANKFURT—The policy paths of the world’s major central banks are diverging sharply, creating crosswinds for investors, as the Omicron variant of Covid-19 clouds an already uneven global recovery and risks aggravating red-hot inflation.
Policy makers at three influential central banks—the Federal Reserve, the European Central Bank and the Bank of England—meet this week to provide guidance on future interest rates. They are expected to move at different speeds, reflecting varying responses to the pandemic and divergent outlooks for growth and inflation.
Read more on wsj.comAbout this in other media
Central Banks Worry Omicron Could Sustain Inflation wsj.com /3 years ago
Central Banks Around the World Raise Rates as Fed Prepares Move wsj.com /3 years ago
Japan’s Central Bank Shuns Tightening Trend, Citing Lack of Inflation wsj.com /3 years ago
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