China Moves Toward Rate Cut Just as World Starts to Tighten

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergEU Warns Repeat Boosters Could Weaken Immune SystemEurope Slowly Starts to Consider Treating Covid Like the FluCypriot Scientist Says Deltacron Covid Variant Isn’t ErrorWorld’s Worst-Performing Bank Lent Billions to China EvergrandeDjokovic Admits Doing Photo Shoot With Covid, Paperwork ErrorExpectations of an interest-rate cut in China are increasing after autho
— Read on ca.finance.yahoo.com/news/china-seen-cutting-rates-just-012129711.html

Bank of Canada Opens Door to Rate Cut on Persistent Slowdown – Bloomberg

Stephen Poloz, one of the few central bankers to resist the global push toward easier monetary policy last year, said the door is open for the Bank of Canada to cut interest rates if the current economic slowdown persists.
— Read on www.bloomberg.com/news/articles/2020-01-22/bank-of-canada-holds-rates-signals-less-confidence-in-outlook

Bank of England Drinks the Rate-Cut Kool-Aid

(Bloomberg Opinion) — The Bank of England’s language has shifted markedly this past week to signalling the next move in interest rates will be lower, and might happen as soon as Jan 30.Two members of its nine-person Monetary Policy Committee voted for a cut at the last meeting and now Governor Mark
— Read on ca.finance.yahoo.com/news/bank-england-drinks-rate-cut-113552453.html

Here’s how the stock market tends to perform after the Fed cuts interest rates 3 times in a row – MarketWatch

Wall Street braces for what seems almost assuredly to be a third rate cut in as many meetings of the Federal Reserve on Wednesday afternoon.
— Read on www.marketwatch.com/story/heres-how-the-stock-market-tends-to-perform-after-the-fed-cuts-interest-rates-3-times-in-a-row-2019-10-29