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💱 Global Rate Cut Cycle Ends as Central Banks Balance Hikes and Cuts In May, 26 central banks hiked rates and 26 cut rates among 52 worldwide, ending two years of more cuts than hikes each month. The last balance was in early 2021 before three years of restrictive policy. The gap peaked mid-2022, with 28 more hikes than cuts. Last week, the European Central Bank raised rates by 25 basis points to 2.25%, its first hike since September 2023. On Tuesday, the Bank of Japan raised rates by 25 basis points to 1.0%, the highest since 1995. These moves signal the start of a global tightening cycle

Trading is the best career in the world once it clicks. There are many ways to make money in the markets, but 1 thing remains constant... Everyone who became a successful trader never gave up

Trading is the best career in the world once it clicks. There are many ways to make money in the markets, but 1 thing remains constant... Everyone who became a successful trader never gave up