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Czech central banker Zamrazilova warns against big wage increases

Czech central bank deputy governor Eva Zamrazilova warned that excessive wage demands would further fuel inflation, which is already the highest in three decades, and could force policymakers to repeat interest rate hikes. . Zamrazilova criticized a...

New Zealand: Central bank raises key interest rate by 50bp to 3%

New Zealand's central bank, as expected, raised its key interest rate by 50 basis points and said it would continue to tighten monetary policy, at least to the 4% level. The bank's moves bring the Oceanian country...

Mexico’s central bank raised its interest rates to an all-time high

Mexico's central bank raised its key interest rate to a record high as inflation hovers at a 21-year high, but pulled back on a hawkish timetable for monetary tightening through the end of the year. Banxico, as...

Denmark: The central bank, following in the footsteps of the ECB, increased the key interest rate by 50 bp. at -0.1%

Denmark's central bank, which has kept interest rates in negative territory for more years than any other country, followed the lead of the European Central Bank on Thursday and raised its key interest rate by a...

Because the ‘beast’ of inflation will be out of control for years – and it will change our lives

By Allison Schrager We have awakened the beast and now we may have to learn to live with it. After more than 20 years of low, steady inflation, it's rebounding—to over 9%—and may never return to...

The head of Poland’s Central Bank hints at when interest rate hikes may end

Poland's central bank governor Adam Glapinski was caught on camera telling a woman how to best take advantage of the country's mortgage "holiday" and suggesting interest rates may only rise one more time, if at all....