2023: The year in central banking

Central banks navigated uncertainty and crisis in 2023: read the top stories of the past 12 months

Credit: Tony Webster/ECB/Federal Reserve/Bank of Canada/Juno Snowdon

Just in time for Christmas, Federal Reserve chair Jerome Powell brought festive cheer to investors – and likely a few central bankers – with hints that the Fed may be ready to contemplate monetary easing in mid-2024.

It was the signal markets had been waiting for, after a year of ups and down in the data and zigzags from exuberance to despair and back. Central bankers, peering through the mists of a largely unprecedented economic situation, struggled to give clear guidance. But with the benefit

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