Falling US Yields Lift the Euro, but Inflation Fights Back
Falling US yields are lifting the Euro even as hot PPI and CPI data complicate the outlook. Here is what it means for your money.
Markets
Policy rates
Where the major central banks have set the price of money, what they did last, and when they meet next.
| Bank | Rate | As of |
|---|---|---|
| Federal ReserveUS | 3.75–4.00%+0.25 | |
| ECBEuro area | 2.50%+0.25 | |
| Bank of EnglandUK | 3.75%−0.25 | |
| Bank of JapanJapan | 1.25%+0.25 | |
| Swiss National BankSwitzerland | 0.00%−0.25 |
Source: Bank for International Settlements, daily central bank policy rate series. The figure beside each rate is its last change.
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