Mid-June has been a busy month for central bankers, and the world received another batch of hikes today. While the SNB raised 25bps (in line with estimates), both the Norges Bank and BOE were more aggressive in their approach and moved benchmarks higher by 50bps (not consensus). Inflation remains the central theme for most of the world’s economy, and investors seem content for now that central bankers can manage a smooth outcome. After three days of losses, US equities resumed their climb getti…
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