Fed's rate-cut foot-dragging grates on global peers at IMF meetings
Fri, Apr 19, 2024 11:22 AM

Fed's rate-cut foot-dragging grates on global peers at IMF meetings

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Finance chiefs from economies large and small are scrambling to keep pace with the Federal Reserve's rapid resetting of rate-cut expectations as U.S. inflation data roils markets from London to Brazil.All insist they are setting policy independently of the Fed and basing it on local conditions on global peers meeting.

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