🌍📉🇺🇸 Global Central Banks Slash Rates 15 Times in May — Most Aggressive Easing Wave of the Year
In May, central banks around the world cut interest rates 15 times, marking the largest wave of rate cuts in 2024 — a clear signal that growth concerns are resurfacing.
🇪🇺 Europe led the trend with 8 rate cuts during the month.
🇺🇸 Meanwhile, the U.S. Federal Reserve held rates steady, citing persistent inflation risks.
This divergence is creating two distinct paths in global monetary policy — with much of the world shifting toward easing, while the U.S. maintains a cautious stance.
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