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Top central banks go their own way into stimulus exit

BoE 1st major central bank to raise rates since pandemic. ECB cuts stimulus; BoJ set for decision on friday

Topics
global central banks | Economic stimulus | Inflation pressure

Reuters 



Federal Reserve Board building on Constitution Avenue is pictured in Washington. Photo: Reuters
Photo: Reuters

Britain became the first G7 to hike interest rates since the onset of the pandemic on Thursday, with the US Federal Reserve also signalling plans to tighten in 2022 but the European Central Bank only slightly reining in stimulus.

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First Published: Thu, December 16 2021. 22:24 IST

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