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The last central bank finally gives in to reality, joining the rate cutting cycle in one final blow to higher for longer. This brings RBA closer to its neighbor RBNZ even though, on the surface, the two seem far apart in every respect. For all this alleged differences, however, the dollar has drastically other ideas which is why dollar for dollar for dollar, they're all the same globally synchronized. Eurodollar University's Money & Macro Analysis CNBC Australia’s central bank cuts rates for the first time in more than four years, flags economic uncertainties https://www.cnbc.com/2025/02/18/australia-central-bank-cuts-interest-rate-for-the-first-time-in-over-four-years.html Bloomberg ECB’s Panetta Says Economic Weakness Is Worse Than Expected https://www.bloomberg.com/news/articles/2025-02-19/ecb-s-panetta-says-economic-weakness-is-worse-than-expected Bloomberg New Zealand to Slow Pace of Easing After Third Big Rate Cut https://www.bloomberg.com/news/articles/2025-02-19/new-zealand-delivers-third-big-rate-cut-to-revive-ailing-economy https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU |