Global central banks are meeting this week amid an oil price shock. Policymakers must decide whether to signal higher interest rates to combat inflation. This decision is complicated by past lessons from oil shocks and pandemic-era inflation. The Federal Rese…
London: The world's big central banks will want to pack at least a credible threat of higher interest rates this week to head off any inflation fallout from an oil price shock. If it's done well, the… [+5520 chars]
