The Fed Starts Easing Interest Rates and Global Markets Shift Gears
The US central bank finally started cutting interest rates after years of hikes, a move watched with cautious anticipation worldwide. Emerging markets typically wait for such a decision to adapt to foreign-fund flow shifts.
The US central bank finally started cutting interest rates after years of hikes, a move watched with cautious anticipation worldwide.
Emerging markets typically wait for such a decision to adapt to foreign-fund flow shifts.
Latest indicators show easing inflation pressure yet leave labor-market tension.
The new cycle touches everything from bonds to currencies, and any surprise in the pace of cuts recalibrates the math.
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