From late June 2023, the Fed, ECB and Bank of England will each raise interest rates further before pausing (inferred window: rest of 2023).
Accurate ●●●●●
“The US Federal Reserve, the European Central Bank, the Bank of England, and most other major central banks will have to raise rates even more before they can pause.”
- Said on
- 28 June 2023 · Project Syndicate column, republished by interest.co.nz on 28 June 2023
- Source
- No longer seeing a doom-loop, Nouriel Roubini now anticipates a short and shallow recession, though with the potential for more worrying knock-on effects · interest.co.nz / Project Syndicate
- Should come true
- 2023
- How sure they sounded
- will have to
- Categories
- EconomyMarkets
- Importance
- 3 of 5 · Rate path of the major central banks matters to global markets.
Outcome
Accurate Happened 14 September 2023.
All three raised rates again after he wrote: the Fed on 26 July 2023, the ECB on 27 July and 14 September 2023, and the Bank of England on 3 August 2023. Each then paused.
- https://www.federalreserve.gov/newsevents/pressreleases/monetary20230726a.htm
- https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.mp230914~aab39f8c21.en.html
- https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2023/august-2023
History
- 2026-10-17 00:01:15 · created by claude
- 2026-10-17 00:01:15 · categorized by claude
- 2026-10-17 00:01:53 · scored by claude
- 2026-10-17 00:02:09 · categorized by claude