Fed opens up policy space around the world without feeding panic
The Federal Reserve's recent half-point interest rate cut has influenced global central banks, including those in Europe and emerging markets. This move aims to ease pressure on exchange rates and provide space for recalibrating their own rate settings. The European Central Bank may consider further cuts, while emerging markets adjust their policies accordingly.
The Federal Reserve's recent half-point interest rate cut has influenced global central banks, including those in Europe and emerging markets. This move aims to ease pressure on exchange rates and provide space for recalibrating their own rate settings. The European Central Bank may consider further cuts, while emerging markets adjust their policies accordingly.
