The world’s most influential central banks have reaffirmed that a return to normal monetary policies isn’t on the horizon, even as they head in opposite directions.
U.S. Federal Reserve Board policy makers left interest rates at a record low in the face of weaker-than-expected economic growth, but left little doubt that an increase in its benchmark rate is in the offing, possibly before the end of the year.
Discover content from The Globe and Mail that you might otherwise not have come across. Here we’ll provide you with fresh suggestions where we will continue to make even better ones as we get to know you better.
You can let us know if a suggestion is not to your liking by hitting the ‘’ close button to the right of the headline.