Reported about 10 hours ago
In the upcoming week, North America, particularly Washington and Ottawa, is expected to implement interest rate cuts, while the rest of the G-7 nations remain cautious. The U.S. Federal Reserve and the Bank of Canada are predicted to reduce rates amid concerns about economic growth and labor market conditions, despite inflation risks. Conversely, Japan and the European Central Bank maintain a wait-and-see approach, as they monitor global economic impacts and inflation trends, setting the stage for further discussions in December.
Source: YAHOO