Charting the global economy: Top central banks differ on rates

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Charting the global economy: Top central banks differ on rates - Economic Times

Quick Summary:

Global economies, this week, presented mixed inflation and growth signals, highlighting varying approaches to monetary policy and economic stabilization.

Undocumented immigrants pay more than a quarter, about 26%, of their income in taxes, in line with the median taxpayer, according to a report released Tuesday by the Institute on Taxation and Economic Policy, a left-leaning think tank.

Three of the world’s largest central banks took different approaches to interest rates this week as a long-awaited, but potentially short-lived, divergence in monetary policies deepens.