Central Banks Prepare for Rate Cuts Amidst Global Economic Challenges =============== #ea5c5357 ver:0.54 Central banks are hesitant to join the global interest-rate cutting cycle as inflation persists. The Federal Reserve projects only one rate cut this year, while other central banks have already begun easing. Policymakers in the UK, Australia, and Norway are also cautious about cutting rates. Traders expect a rate cut by the Fed in September. Central banks are managing the trade-off between inflation and economic growth, but concerns about negative consequences persist. Investors will be watching key economic data. The Bank for International Settlements warns of rising government debt levels ahead of major elections. The anticipated cycle of rate cuts has begun, with the US economy outperforming. ING predicts rate cuts by the Fed and ECB in September. #CentralBanks #InterestRates #Inflation #Economy... #newstr #CentralBanks #RateCuts #GlobalEconomy #UsEconomy #Eurozone #BankOfEngland #Opec+ #China #Asia #ForeignExchange https://here.news/story/ea5c5357?ver=0.54