threatens

Market turmoil threatens to undermine inflation-fighting efforts, says BIS

Market turmoil threatens to undermine inflation-fighting efforts, says BIS

Central banks could be forced to prop up crucial parts of the financial system that are vulnerable to higher interest rates, undermining their attempts to fight inflation, the Bank for International Settlements warned on Monday. The BIS, dubbed the bank of central banks, said the crisis that unfolded in Britain’s gilt markets in September underscored …

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