Interest Rates

OECD warns Fed, ECB and major central banks not to halt fight on inflation too early

The OECD’s warning comes as the European Central Bank (ECB) and the Federal Reserve begin to shift away from aggressive tightening and signal their next moves will be to cut rates

The OECD has warned policymakers at central banks such as the ECB not to cut rates too early. Picture: Thomas Lohnes/Getty Images