Reported about 1 year ago
Central banks around the world are showing hesitancy in joining the global interest-rate cutting cycle, with decisions in advanced economies such as the US, UK, Australia, and Norway indicating a reluctance to lower borrowing costs despite initial expectations for global rate cuts. While Canada and the European Central Bank have made moves, other countries like Brazil and Paraguay are expected to maintain their interest rates. The week ahead also includes important data releases from the US, China, and Japan, as well as key events in the UK and Europe. In Latin America, Chile may lower its rate, while Brazil and Mexico face policy shifts and economic challenges.
Source: YAHOO