Global rate cuts mark broadest policy shift since crisis -Fitch
A flurry of interest rate
cuts by the U.S. Federal Reserve and a host of other central
banks marks the broadest shift in global monetary policy since
the depths of the financial crisis in 2009, analysts at Fitch
Ratings said in a report on Friday.
Led by the Fed’s policy pivot, which took rate hikes off the
table in December and then cut borrowing costs last month, Fitch
said its geographic “diffusion index” of central bank policy
pl
cuts by the U.S. Federal Reserve and a host of other central
banks marks the broadest shift in global monetary policy since
the depths of the financial crisis in 2009, analysts at Fitch
Ratings said in a report on Friday.
Led by the Fed’s policy pivot, which took rate hikes off the
table in December and then cut borrowing costs last month, Fitch
said its geographic “diffusion index” of central bank policy
pl
Posted by Reuters