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Rate cuts are coming, for some

For some countries, rate cuts have started and will continue. For others, they’re still a long way away. Here’s why.

Jun 07, 2024
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Rate cuts are coming, for some
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On Thursday, the European Central Bank (ECB) cut interest rates for the first time this cycle. However, consumer prices across the Euro area are rising at 2.6% year-on-year, above the bank’s 2% target. Some pundits have wondered if this is the start of a long downward trend for global interest rates. The answer is yes, but only for countries where rate …

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