Interest rates are coming down – but how fast?

Central banks are moving into rate-cutting mode, with the European Central Bank, Federal Reserve, and the Bank of England all expected to reduce rates soon. While the direction is clear, the speed and magnitude remain uncertain. Markets are pricing in significant cuts, particularly from the Fed, but economic conditions need to align perfectly to meet these expectations. In the US, slowing job growth, easing inflation, and lower wage pressures suggest room for cuts, but potential risks like geopolitical tensions could derail plans. Meanwhile, Europe’s sluggish growth and falling inflation support...