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Charting Global Economy: Central Banks Intensify Inflation Fight – Bloomberg


The Bank of England became the first Group of Seven central bank to raise interest rates since the pandemic, and Federal Reserve officials signaled they favor a faster-than-expected pace of hikes next year — both underscoring stepped-up efforts to contain inflation. 

At the same time, the European Central Bank is taking a more gradual approach as they stick to a view that inflationary pressures are transitory.

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Harry Miller is a writer and editor based in Toronto with 14 years of experience in the journalism industry. Before joining Canada News Media as a National Online Journalist, Miller worked as a senior writer and a reporter-editor with the Canadian Press and as a breaking news reporter with the Toronto Star. At Canada News Media he covers national news and the trending stories Canadians are searching for. Miller holds two bachelor's degrees, one in journalism from Ryerson University and another in communications and film studies from Carleton University.

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