Reported 2 months ago
This week, three major central banks exhibited contrasting strategies regarding interest rates. The Bank of Japan surprised markets with a rate hike, while the Federal Reserve maintained its stance but hinted at a potential cut. Conversely, the Bank of England lowered borrowing costs for the first time since the pandemic's onset. Amidst a slowing U.S. job market, concerns about recession have increased, reflecting a complex global monetary landscape.
Source: YAHOO