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Global central bankers follow US Fed Chair to give hawkish message

The heads of the Bank of England, Swiss National Bank, Bank of Japan, Bank of Korea and several European Central Bank policy makers spoke on Saturday at the Kansas City Fed's annual retreat

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Photo: Bloomberg

2 min read Last Updated : Aug 28 2022 | 10:37 PM IST

The world’s top central bankers delivered a stern and unified message on the need to curb inflation, declaring at Jackson Hole that it is broad based, here to stay and will require their forceful action.

The heads of the Bank of England, Swiss National Bank, Bank of Japan, Bank of Korea and several European Central Bank policy makers spoke on Saturday at the Kansas City Fed’s annual retreat in the Grand Teton National Park in Wyoming.

Their statements follow remarks by Fed Chair Jerome Powell Friday that sought to unequivocally commit the US central bank to raising interest rates until inflation

Topics : US Federal agency US economy US rate hike

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