"We're not going to let high inflation become entrenched… (as) the costs of that would be too high." - The Federal Reserve
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The USD is boosted by safe haven buying an good employment data
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We hit the ground running in 2022 – a big week for data, and 2022 will almost certainly mark the turning point for monetary policy as developed nations raise interest rates at different speeds to combat inflationary pressures.
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Below we keep focussed on the major Central Banks, but no less than TWENTY central banks meet this week. Balancing inflation, growth and the Omicron wave isn’t easy!!
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