by Wolf Richter, Wolf Street:
Surly frustrated central bankers telling euphoric markets that the inflation fight is far from over.
The Federal Reserve, the European Central Bank, and the Bank of England have rate-hike meetings over the coming days. And markets have set out to fight all of them. Of the two big ones, the Fed will speak on Wednesday, February 1; the ECB on Thursday, February 2. And this may turn out to be a hoot.