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Global Business News

The Economic Times

Global Business / The Economic Times

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How the Fed and other central banks can bark without biting

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 Reserve may signal no rate cuts this year by adjusting its economic projections.

17 Mar 2026 12:39 pm