Financial markets expect major central banks to cut interest rates, signaling the end of recent aggressive rate hikes.
Financial markets anticipate major central banks will cut interest rates, signalling the end of a recent aggressive rate-hiking cycle. The ECB left rates unchanged but acknowledged easing inflation, while Canada also held rates steady and deemed rate cuts premature. US markets expect 90 basis points of rate cuts this year, down from 150 at the start. The Fed's first potential cut may occur in June.
March 07, 2024
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