M&G's Leaviss: No cruise speed yet for central banks
How have they performed this summer?
M&G's Jim Leaviss
Some of the world's most important central banks have met over the past few weeks, probably before rushing for a summer holiday, but the ships they are sailing have not quite reached cruise speed yet.
The US Federal Reserve, the European Central Bank (ECB), the Bank of Japan (BoJ), and the central banks of Brazil and Mexico left rates unchanged before the summer break - all because growth and inflation...
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