Four developed market central banks are now hiking rates

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MILAN/LONDON, June 11 : The developed market rate-hiking club is getting bigger, as the European Central Bank on Thursday joined counterparts in Australia, Norway and Japan in tightening monetary policy, while more central banks are set to follow in the coming months. The Strait of Hormuz is still effectively closed, and oil prices remain high, meaning many policymakers feel forced to raise interest rates to prevent an energy-driven surge in inflation. Here's where central banks in the Group of

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Four developed market central banks are now hiking rates https://www.channelnewsasia.com/ - 11.06.2026 19:29

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Four developed market central banks are now hiking rates https://www.channelnewsasia.com/ - 11.06.2026 19:29