Rate hikes are getting closer, big central banks say | Daily Sabah

AI Summary

Central banks are signalling that interest rate hikes may be on the horizon as they aim to curb potential energy price surges, reflecting the delicate balance of economic policy in response to fluctuating global markets. This decision could have significant implications for financial markets worldwide.

Major central banks left interest rates unchanged this week but warned that they could raise them soon to prevent a jump in energy prices, ...