🌍 Global Fed Pivot in Full Swing 🌍
🔻 Rate Cuts Dominate:
74% of central banks have cut rates this year—the highest share since 2021.
🥇 Bank of Canada leads with 5 cuts totaling 175 bps—the most aggressive among major central banks.
🇪🇺 ECB: 4 cuts (-100 bps).
🇨🇭 Swiss National Bank: 4 cuts (-125 bps).
🇬🇧 Bank of England: 2 cuts (-50 bps).
⚠️ Rebound Risk: As inflation rises, this pivot might face challenges.