The world’s major central banks will start heading down different paths in the coming months, Standard & Poor’s top economist Paul Sheard says.
Paul Sheard said the United States and British economies were recovering, while Europe’s was turning down and Japan’s remained sluggish.
Mr Sheard said two of the major central banks, the Federal Reserve and the Bank of England, were starting to be in a position where they could start to raise interest rates, although probably at a very slow pace.
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