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            <title><![CDATA[Global Economy]]></title>
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            <pubDate>Fri, 28 Oct 2022 20:29:59 GMT</pubDate>
            <description><![CDATA[It seems like several Central Banks are going through a sudden &apos;&apos;change of heart&apos;&apos;. Recently many Central Banks and today the ECB came out pretty dovish. Let&apos;s see what&apos;s going on, and whether the Fed is going to join the party too. Australia, Canada and now Europe are starting to weigh pros and cons of calibrating monetary policy with a single objective: bringing inflation down to 2%, as soon as possible. Instead, they are beginning to consider a slowdownor a co...]]></description>
            <content:encoded><![CDATA[<p>It seems like several Central Banks are going through a sudden &apos;&apos;change of heart&apos;&apos;. Recently many Central Banks and today the ECB came out pretty dovish. Let&apos;s see what&apos;s going on, and whether the Fed is going to join the party too.</p><p>Australia, Canada and now Europe are starting to weigh pros and cons of calibrating monetary policy with a single objective: bringing inflation down to 2%, as soon as possible. Instead, they are beginning to consider a slowdownor a complete pause in rate hikes. Why such a sudden &apos;&apos;change of heart&apos;&apos;? Because all these jurisdictions have something in common: inherent fragilities. Be it private sector debt/domestic housing market (Canada) or a very suboptimal ‘‘monetary &amp; fiscal union’’/recession fears (Europe)...</p><p>pls check below for remaining part</p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/MacroAlf/status/1585728590930640897?s=20&amp;t=2cotaldKH8JoJuTTo9g0Yw">https://twitter.com/MacroAlf/status/1585728590930640897?s=20&amp;t=2cotaldKH8JoJuTTo9g0Yw</a></p>]]></content:encoded>
            <author>gonder@newsletter.paragraph.com (gonder.eth)</author>
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