Central banks fall far behind the curve
Dec 24, 2021
2 minutes
Alex Rankine Markets editor
“Surprise, surprise!”, says Ipek Ozkardeskaya of Swissquote. Last month the Bank of England failed to raise interest rates despite market bets that it would. This month it has pulled the reverse trick, becoming the first big central bank to raise the cost of borrowing. The 0.15
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