Where the Fed Goes, Other Central Banks May Not Follow

It has been a busy couple of days for the world’s central banks. Since the U.S. Federal Reserve made its decision to hike interest rates, rate announcements have followed from the People’s Bank of China, the Bank of Japan, the Swiss National Bank and the Bank of England. This confluence of activity from most of the key guardians of the global economy provides a good opportunity to take stock of where things stand.
The Market Oracle

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