Rate cuts, hikes and pauses: The world’s central banks just made very different decisions

  • The European Central Bank on Thursday increased interest rates, after the Federal Reserve opted to pause.
  • Just days before that, China’s central bank lowered its key medium-term lending rates, and in Japan the central bank left its ultra-loose policy unchanged.
  • “Given the different stages the jurisdictions are in the cycle, there will be more nuanced decisions to be made,” Konstantin Veit, portfolio manager at PIMCO, told CNBC’s Street Signs Europe Friday.

Fed, ECB, BoJ, PBOC: Central banks monetary policy decision are diverging (cnbc.com)

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