The Federal Reserve and European Central Bank look poised to make 'major progress' in cutting interest rates this year, says the central bank of central banks.
The Federal Reserve and the European Central Bank look poised to make "major progress" this year in cutting interest rates, according to the central bank of central banks.
The Fed and the Bank of England are expected to shine future light on their plans for interest rates during their monetary policy meetings this week.The Federal Reserve and the European Central Bank look poised to make "major progress" in cutting interest rates this year, according to the central bank of central banks.
"If everything goes fine, I think that, certainly this year, we will see major progress, especially toward the second part of the year," Carstens told Annette Weisbach. "Central bankers have to be very observant about the path of disinflation, and they have to keep going until the job is fully done."
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