Economic Update – Central Banks, Rate Cuts, and Investment Opportunities

The global central bank easing cycle for developed economies has kicked off. In May and June, Canada, Sweden, Switzerland, and the European Central Bank (ECB) cut rates. For the ECB, this is the first rate cut in five years. The Bank of England (BoE) is likely to cut rates in August, and the US Federal Open Market Committee (FOMC) is expected to follow suit later this year.

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