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Only Half of Global Rate Hikes Set to Be Taken Back by End-2025 /
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2024-07-04 16:05:45

Only Half of Global Rate Hikes Set to Be Taken Back by End-2025 on Nostr: Central Banks Remain Concerned About Inflation Amidst Rate Cut Speculation ...

Central Banks Remain Concerned About Inflation Amidst Rate Cut Speculation
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#ea5c5357 ver:0.53

Central banks are cautious about joining the global interest-rate cutting cycle due to persistent inflation. The Federal Reserve has reduced its projections for US monetary easing, signaling a reluctance to lower borrowing costs. Other central banks have already begun easing cycles, but major central banks have shifted to a more cautious approach. Traders expect a rate cut by the Federal Reserve in September, while central banks like the Bank of Japan and the Reserve Bank of Australia lean hawkish. 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 closely watch economic data from the US, China, UK, and Japan. The Bank for International Settlements warns of rising government debt levels ahead of major elections, urging central banks to cut public debt and avoid premature easing. The anticipated cycle of policy rate cuts has begun, with GDP growth slowing across most economies except the US. Central banks are initiating rate reductions, but the timing and magnitude vary across nations....

#newstr #CentralBanks #Inflation #RateCuts #UsFederalReserve #JeromePowell #LaborMarket #JoltsReport #NonfarmPayroll #UsDollar

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