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By John Revill and Terje Solsvik
Zurich (Reuters) – Swiss and Norwegian Central Banks have been the latest European level regulators to reduce a weak inflation worldview, which contradicts US prices for the warnings of federal reserve.
As expected by the British Bank, “gradually stays in the way” a “gradually downward road”, they have stayed in a way that they are “gradually low way”.
US President Donald Trump has left the best central banks trying to provide a political steering wheel in the conditions of severe uncertainty for the global economy of Trump and the growing Israeli-Iran conflict, the global economy.
Speaking after the two-day meeting of the nutritious politicians, the chairman of the US Central Bank Jerome Powell, how will the tariffs of American trade partners will build US consumers’ prices.
Trump is currently 10% in the early days to say that tariffs will increase, in some cases, in some cases, the global economy has weakened, and in many countries have been kept in inflation.
“Inflation pressure decreased compared to the previous quarter,” said the Swiss National Bank, which reduced 25 key points to zero and returned to negative degrees.
Surprise, even the Central Bank of Norway, even in an action that holds the most analysts by the Central Bank of Norway, the major central banks also have more inconspications for the 25 main point score, more cuts to reduce the account for prices.
“Inflation since the meeting of monetary policy in March, the inflation worldview for next year shows lower inflation than expected,” he said.
On Wednesday, the stake in Sweden, which reduces the main interest rate to 2.25% to 2.25% to 2.25%, can be easier to grow by the end of the year.
On June 6, the European Central Bank cut the main percentage of interest in the last year, and at least entrusted the month, because inflation returned the target by 2% to 2% target.
Attention, little confidence
At the beginning of this week, the Japan Bank kept interest rates stable and said that the mass, eliminating the remains of ten years of ten years and move with caution. Governor Kazuo Ueda, BOJ’s close-round focus risks have been reduced, especially from US tariffs, he said.