CNA938 Rewind - What the Fed’s increasing opacity means for other central banks
The recent breakthrough in the US-Iran war has had immediate ramifications for global commodities and monetary policy, according to Oxford Economics. The resulting decline in oil prices has provided welcome breathing room for inflation-weary central banks. Despite this easing, Oxford Economics has adjusted its forecast for US monetary policy, pointing to a fundamental change in how the Federal Reserve communicates its intentions to the public. Andrea Heng and Hairianto Diman examine how this new approach could have unintended consequences for the broader global economy with Ryan Sweet, Chief Global Economist, Oxford Economics