Central Banks Warned to Stand Firm Against Inflation The OECD has issued a stark warning to central banks globally, urging them not to lower their guard against inflation despite some easing trends. It highlighted that it’s premature to conclude whether the aggressive rate hikes have effectively curbed inflationary pressures, with core inflation remaining stubbornly high in many countries. The OECD’s cautious stance comes amidst a backdrop of the European Central Bank and the Federal Reserve signaling potential rate cuts, a move viewed skeptically by financial markets anticipating more easing. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts China's Gold Demand Rises: Central Bank Buys as Lunar New Year Approaches READ MORE Gold Prices Waver as Markets Await Inflation and Fed Signals READ MORE LBMA Releases Precious Metals Market Report: Q4 2023 READ MORE The US dollar is so strong that China’s central bank, among others, just keeps loading up on gold READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment