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Ongoing interest rate debate: rise or fall? | Morning Markets
A number of senior officials from the Bank of England and European Central Bank attempt to push back against expectations for interest rate cuts as early as Spring next year. However, the more interesting interventions have come from US policymakers with Governor Bowman and Governor Waller pushing for interest rate rises.
In addition, OPEC, the cartel for global oil production, is locked in a mini dispute about the magnitude and distribution of ongoing production cuts.
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By True PotentialA number of senior officials from the Bank of England and European Central Bank attempt to push back against expectations for interest rate cuts as early as Spring next year. However, the more interesting interventions have come from US policymakers with Governor Bowman and Governor Waller pushing for interest rate rises.
In addition, OPEC, the cartel for global oil production, is locked in a mini dispute about the magnitude and distribution of ongoing production cuts.