World Adapts to Fed’s Rate Order in 36-Hour Sequence

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A 36-hour rush of global monetary decisions may set the tone for the rest of the year as the world adjusts to a US push to keep interest rates high.

Starting with the Federal Reserve on Wednesday and ending with the Bank of Japan two days later, monetary policy will be determined at key meetings across half of the Group of 20.

Advanced-economy central banks,…

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