Central banks tighten?

Market Update - November 2017 Central banks from the largest economies in the world have taken action to reduce monetary stimulus as the global economy continues to post positive indicators and inflation ticks up. The Bank of England have also hiked interest rates for the first time since 2007 as inflation rises and GDP figures were marginally healthier than predicted. Central Bank Monetary Policy The European Central Bank surprised investors and economic analysts by extending its stimulus programme until at least September next year, pushing down the euro as investors digested Mario Draghi’s refusal to call the end to emergency crisis-era measures. Despite the extension, the central bank st

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