That is the take from the Bank For International Settlements in Basel, Switzerland meaning that central banks should keep raising rates.
Concern for higher inflation stems from the length of the current economic cycle and how long global growth has been above 4%.
You can get a summary here.
Wikinvest Wire
1 comments:
Ignore the man behind the curtain. I am the great and powerful Bank For International Settlements!
The market will reprice stocks & bonds without regard to central banks. This is currently underway here in the U.S.
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