Tariffs Are Creating Dilemmas for Central Bankers Everywhere—Heard on the Street
In This Article:
Rate-setters at the Bank of England are increasingly divided about how to react to U.S. tariffs. It is a reminder that the Federal Reserve isn’t the only central bank facing a confusing outlook. This was a day after the Fed stood pat, showing officials abroad are finally ready to diverge from U.S. monetary policy.