Econoday’s economists look at the week’s important economic events.
A roundtable with Econoday’s top economic experts, Anne D. Picker, Jeremy Hawkins and Mark Pender, cover key events in Asia, Europe and the U.S. with special mention of what to look for in the coming week.
June 19, 2019
Fighting to be Dovish: Global Centrals Pave Way for Rate Cuts
The Federal Reserve has shifted strongly toward future rate cuts, a move based on weakening global growth and global trade that follows Mario Draghi's warning of similar measures for the European Central Bank. The Bank of Japan and the Reserve Bank of Australia are further along their dovish paths and more of the same is the call.