Exclusive-Sri Lanka central bank sees no need for further rate hikes this year, governor says
Governor P. Nandalal Weerasinghe said the 100 basis-point May hike should keep inflation near current levels as policy stays at 8.75%.
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Exclusive-Sri Lanka central bank sees no need for further rate hikes this year, governor says
By Uditha Jayasinghe COLOMBO, Aug 11 - Sri Lanka's central bank sees no need for more interest rate increases this year after its big, unexpected hike in May, with inflation expected to peak around current levels before easing back towards the 5% targe...
While much of the market continues to fear that the Federal Reserve will have to harden its monetary policy again, Citi holds a diametrically opposite view. In a podcast with Rob Rowe, Citi’s interim global director of Research, he spoke with Citi’s developed market economist Veronica Clark, the bank believes that underlying inflation will moderate rapidly during the summer, that the labor market will start to cool, and that both factors will en…
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