fed speech, 2024-10-21
After the US Federal Open Market Committee (FOMC) began its rate cutting cycle aggressively on September 18 th this year, preceded by the second rate cut of the year by the European Central Bank (ECB) and followed by a fusillade of stimulus measures by China, convergence has become the dominant theme, barring some holdouts as in Japan, Brazil and Russia.
Sentiment: neutral
Topic: mp_interest_rate