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Only Half of Global Rate Hikes Set to Be Taken Back by End-2025 /
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2024-06-17 06:06:08

Only Half of Global Rate Hikes Set to Be Taken Back by End-2025 on Nostr: Global Central Banks Recalibrate as Rate-Cutting Cycle Fizzles =============== ...

Global Central Banks Recalibrate as Rate-Cutting Cycle Fizzles
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#ea5c5357 ver:0.41

Global central banks are recalibrating their approach to interest rates as the rate-cutting cycle fizzles. While some central banks like the Bank of Canada and the European Central Bank have already begun easing cycles, major central banks like the Federal Reserve are showing hesitancy. The Fed has reduced its projections for US monetary easing and is now anticipating only one rate cut this year. Policymakers in the UK, Australia, and Norway are also not convinced enough about disinflation to start cutting rates. Traders see a high chance of a rate cut by the Federal Reserve in September. Central banks are managing the trade-off between inflation and economic growth, with the European Central Bank remaining confident in reaching its 2% inflation target. Investors will be closely watching economic data from the US, China, UK, and Japan. #CentralBanks #InterestRates #Economy...

#newstr #CentralBanks #InterestRates #Inflation #MonetaryPolicy #RateCuts

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