Canada and EU has already cut rates this year
The global economy awaits the most coordinated easing since the Great Financial Crisis.
10 out of 11 major central banks are expected to cut rates in the second half of 2024, the most banks in 16 years.👇https://t.co/4SILXocj5M
— Global Markets Investor (@GlobalMktObserv) June 8, 2024
Today's strong jobs report imploded rate cut expectations, moving the bond market closer to Barron's weekend prediction of ZERO rate cuts in 2024.https://t.co/j8YIkRFYWt
The Fed catalyzed this "inflationary" asset melt-up in March by projecting three rate cuts in 2024. This… pic.twitter.com/DRz37Zxlme
— Mac10 (@SuburbanDrone) June 8, 2024