Global Markets Rally as Central Banks Signal Rate Cuts

Stock markets climbed across major exchanges as central bankers signaled a pivot toward lower interest rates, cheering investors who had endured months of uncertainty.

Bond yields fell and risk assets rallied, with technology and consumer shares leading gains. Analysts said the moves reflect growing confidence that a soft landing is within reach.

Still, officials warned that the path is data-dependent and that stubborn services inflation could delay cuts.

For households, the prospect of cheaper mortgages and loans offers welcome relief after a punishing tightening cycle.