THINK Ahead: Central bankers’ balancing problems

Posted 2 hours ago by

ING Think

EUROPE: Central bankers face an unenviable task next week. Nobody knows where the crisis in the Middle East is going next. Nor is the data telling them how to act. Markets are bracing for rate hikes, yet the case for action is far from clear-cut. James Smith weighs up the dilemma as the team builds us up to next week's Fed, ECB and Bank of England meetings