Trio of Central Banks Surprises Markets With Rate Cuts

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Three central banks across the Asia Pacific region cut rates by more than expected

The three central banks across the Asia Pacific region are joining an international shift toward even looser policy monetary policy.

The easing comes on the back of growing global economic uncertainty, as the U.S. and China spar over trade, and after markets have moved to price in a steeper path of rate cuts from the U.S. Federal Reserve.

 

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winning

Recession is looming.

Madness! I wonder if any of these central bankers lived through the inflation of the seventies?

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