The Fed looks close to the finish line in its hiking campaign, but other key central banks are running at different speeds.
To get John Authers' newsletter delivered directly to your inbox, sign upGet ready. Global markets had an impressively calm day Monday. But starting with the Federal Reserve on Wednesday afternoon, New York time, and ending 36 hours later with the Bank of Japan,
a marathon field of 11 central banks will announce their latest moves on monetary policy. Inflation has been a global phenomenon, but the response to it has not. Some seem to be within sight of the finish line, but others are hitting a wall. It is startling, therefore, that investors seem now to be confident about where monetary policy, inflation, and bond yields are heading.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sydney Marathon runners hospitalized as Australia swelters in unusual spring heat waveA sweltering heat wave in Australia took its toll on runners in the Sydney Marathon on Sunday, with 26 people taken to the hospital and about 40 treated for heat exhaustion by emergency services.
Read more »
Stocks making the biggest moves midday: Marathon Petroleum, Tesla, Moderna and moreThese are the stocks posting the largest moves in midday trading.
Read more »
How to watch the 2023 Bank of America Chicago Marathon liveThe 2023 Bank of America Chicago Marathon will be nothing short of thrilling, but you don’t have to attend in person to catch the action live.
Read more »
Spring Heatwave Sends 26 Sydney Marathoners to the HospitalHigh temperatures, crowded porta-potties, and a record number of participants defined this year’s Sydney Marathon, which is campaigning to become a World Marathon Major.
Read more »
Navajo Nation to close Monument Valley during eclipse in line with cultural practicesAs people are making plans to view the upcoming Oct. 14 solar eclipse, Monument Valley Navajo Tribal Park and other parts of the Navajo Nation will largely be shuttered.
Read more »