Central banks in the euro area and Switzerland cut rates on Thursday, a day after Canada slashed rates by a hefty 50 bps.
Markets still expect two or three rate cuts next year, but is that too optimistic? Economic momentum remains strong, inflation is stuck above the Federal Reserve's target, and the ...
Rate reductions are unlikely to stop here, as economists expect further cuts after the Fed's December meeting and through 2025. These rate changes ripple through the economy and have a real ...