
The Fed Is Starting Anew!
People are likely about to witness a rare scene in the global central banking arena this century: the Federal Reserve is preparing to initiate an interest rate cut cycle, while at this very moment, many non-U.S. economy central banks are wrapping up their own rate cut cycles...
Strictly speaking, the Fed is restarting its easing cycle—after announcing a third consecutive rate cut in December last year (totaling 100 basis points), the central bank paused its rate cuts for an extended period over the past nine months.
In any case, this "world's most important central bank" is about to move against the global trend, something investors haven't seen in years, especially in terms of policy easing.
Therefore, policymakers in other parts of the world may need to prepare in advance for potential turbulence ahead.
