Global Markets Rattle Over Central Banks' Rate Decisions

Global stock markets experienced significant declines following the Federal Reserve's announcement of a tempered rate cut pace. Central banks worldwide, including Japan, England, Sweden, and Norway, responded variably, impacting currencies and yields

By: Devdiscourse

Dec 29 2024
22
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Global Markets Rattle Over Cen

Stock markets across the globe saw a downturn Thursday as the 10-year U.S. Treasury yield rose sharply, influenced by the Federal Reserve's decision to moderate the pace of rate cuts. This announcement set off a wave of activity among other central b... [571 chars]