Central banks need to put rates into the 'pain zone' — but the Fed won't do it, fund manager says - CNBC

Overcoming doggedly high inflation will require interest rates to be pushed into the "pain zone," Man Group has said.

LONDON Overcoming doggedly high inflation requires interest rates to be pushed into the "pain zone." But whether any central bank has the nerve to do it is the question, according to investment manag… [+2146 chars]

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