Just offering my perspective on the current situation, which is perfectly illustrated by the chart below from The Economist. We are likely to see the ECB implement an interest rate increase this week. Moving into next week, expectations point toward the Bank of England and the Bank of Japan making similar moves to raise their rates. Because of these anticipated actions, I believe the Fed will ultimately stand out as the singular major central bank that chooses to pause on hiking rates throughout September.

#economy #centralbanks #markets @TheEconomist