The consensus narrative is that global central banks are acting in “synchronized coordination” to hike rates and combat inflation. Real Vision’s Global Markets Editor Weston Nakamura presents part one of a two-part discussion on his broader contrary theme of “central bank dispersion.” We all know the Federal Reserve will release its monetary policy decision on Wednesday. But, as Weston points out, it’s important to pay attention to other central banks like the Bank of Japan and the Bank of England, which are two more among 16 central banks that will release interest-rate decisions within a 24-hour period this week. Weston suggests financial media and market participants may overlook important trend shifts in global monetary policy, due to a tendency to place the Fed at center stage. As Weston argues, central bank divergence is happening, and it’s crucial to have eyes on all central banks, not just the Fed. Recorded on September 18, 2022.