The Business Times

Leong Wai Ho

MANAGING DIRECTOR, MODULAR ASSET MANAGEMENT (SINGAPORE) PTE LTD

The Marriner S Eccles Federal Reserve Board Building, Washington, DC : Central banks, including the Fed, are likely to expect core inflation to hold higher for longer, and hence will be reluctant to halt their tightening cycle on signs that headline inflation has peaked.
THE BOTTOM LINE

Why interest rates will peak long after inflation

Continuous price shocks have raised risks of persistent high inflation. But early signs that inflation may have peaked isn’t likely to detour...

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