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EU flags waving in front of European Parliament building. Brussels, Belgium

The European Central Bank said it's monitoring current market tensions closely

chess pieces facing an easy ladder and an impossible ladder

In a speech, the Bank of Canada's senior deputy governor touted the advantage of independent monetary policy

Financial District of London and the Tower Bridge

Inflation has slowed but is still fuelling a cost-of-living crisis, public-sector strikes and fears of recession

EU flags waving in front of European Parliament building. Brussels, Belgium

The increase comes even as the European economy slows

Extreme Closeup of New Polymer Twenty Dollar Bills

Settlement balances helped finance pandemic quantitative easing

Toronto skyline in financial district

Central banks must contend with hot labour market but avoid overtightening

EU flags waving in front of European Parliament building. Brussels, Belgium

The Bank of England and Swiss National Bank also dialed back their increases

Growing Graph

What central banks need to see before pausing

business freedom concept courageous daring businessman flying off a cliff holding faith in balloons

CIBC’s chief economist says we’re "not out of the woods yet"

ALASKAJADE / 123RF STOCK PHOTO

Inflation in the U.K. is expected to surge to 13% in the fourth quarter