Tajinder Singh Virk (Natty Virk): Global Markets on Edge as Fed Holds Steady Amid ECB and SNB Rate Cuts
Global markets are on edge as the U.S. Federal Reserve maintains its key interest rate at 4.25–4.50%, signaling a cautious approach amid economic uncertainties. In contrast, the European Central Bank (EC and the Swiss National Bank (SN have implemented rate cuts to stimulate their economies, with the ECB reducing rates multiple times since June 2024 and the SNB cutting its policy rate to just above zero in March 2025
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