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Major Central Banks Now Aligned as Powell Signals Fed Cuts Ahead

Officials from three of the world’s major central banks on Friday signaled they are firmly on course to lower — or continue lowering — interest rates in the coming months, marking the beginning of the end for an era of high borrowing costs as the glo


  • Aug 23 2024
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Major Central Banks Now Aligned as Powell Signals Fed Cuts Ahead
Major Central Banks Now Aligned as Powell Signals Fed Cuts Ahead
(Bloomberg) — Officials from three of the world’s major central banks on Friday signaled they are firmly on course to lower — or continue lowering — interest rates in the coming months, marking the beginning of the end for an era of high borrowing costs as the global economy slips out of the grip of post-Covid inflation. Read More

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