Global Markets Rally as Central Banks Signal Coordinated Rate Cuts
Equities surged worldwide after policymakers hinted at synchronized easing to support fragile growth.
Stock indices from Tokyo to New York climbed sharply this week as investors interpreted remarks from major central banks as the start of a coordinated shift toward lower interest rates.
Analysts caution that inflation, while cooling, remains above target in several economies, meaning the pace of any easing cycle will be gradual and data-dependent.
For emerging markets, the prospect of cheaper global capital offers relief after two years of tightening squeezed currencies and raised borrowing costs.
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