The 24 hours of rate cuts that end year of global central-bank easing

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The 24 hours of rate cuts that end year of global central-bank easing - Business Standard

Quick Summary:

While the Fed itself is poised to deliver a quarter-point rate cut, the dawn of 2025 and the prospect of inflationary import tariffs threatened by the incoming administration of Donald Trump may give officials pause about the pace of further moves.

While the Fed’s preferred gauge of underlying inflation will be released at the end of the week, officials can take take some comfort in projections that price pressures are cooling.

Elsewhere, key data on the health of China’s economy, a likely pickup in UK inflation and business surveys from the euro zone may be among highlights.