☢ Central banks cut rates as global recession begins.. 🚨

🇨🇦 The Bank of Canada cut interest rates by 0.50% on Wednesday for the second time in a row.

🇪🇺 The European Central Bank and the Swiss National Bank cut rates by 0.25% and 0.50% on Thursday.

🇺🇸 The Federal Reserve is set to cut rates by 0.25% on Wednesday.