Central Banks Take Different Approaches to Inflation

P.M. Edition for Dec. 16. The Bank of England has become the first major central bank to raise interest rates since the start of the pandemic, just a day after the U.S. Federal Reserve projected three rate hikes for next year. Meanwhile, the European Central Bank is phasing out some stimulus relief while boosting other measures. What should we make of the diverging approaches? WSJ economics reporter Jason Douglas joins host Annmarie Fertoli to discuss. Learn more about your ad choices. Visit megaphone.fm/adchoices