Will rates go higher in Europe this week? Central banks confront stagflation threat
The European Central Bank and Bank of England are expected to hold their nerve and stand pat on rates this month.
Last updated: 2026-04-29 13:52:19 ET
The European Central Bank and Bank of England are expected to hold their nerve and stand pat on rates this month.
Dimon previously warned the war in Iran risks oil and commodity price shocks that could keep inflation sticky and push interest rates higher.
Dalio said that if Kevin Warsh were to cut rates, it would risk damaging confidence in the central bank at a critical moment.
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