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Central Bank Fest
In terms of central bank meetings, the week ahead is one of the busiest. No fewer than 13 central banks hold policy meetings, divided between six major and seven emerging markets. While the significance of US monetary policy for the world makes the FOMC meeting a highlight, it is Norges Bank, Norway's central bank, that will steal the march, becoming the first high-income country to lift rates since the pandemic struck. Among the emerging market central banks, Brazil is poised to hike the Selic rate by another 100 bp, as it did in August after three 75 bp moves. Hungary is also expected to continue its tightening ... (full story)