Central Banks Signal Shift Towards Easing Monetary Policies

Major global central banks, including the Swiss National Bank and the Bank of Japan, indicate a pivot from tight monetary stances, hinting at future rate cuts amidst varying economic forecasts.

The Swiss National Bank surprised markets with a 0.25 percentage point rate cut, citing inflation likely to stay below 2% for the foreseeable future.
The Bank of Japan ends a 17-year policy of negative interest rates, signaling potential rate hikes amid expectations of rising inflation.
The U.S. Federal Reserve holds interest rates steady, with market futures pricing a 70% chance of a cut by mid-June.
Bank of England maintains rates, with signals pointing towards a potential cut in the near future as inflation and wage pressures decline.
Central banks' moves reflect differing economic conditions, with some beginning to ease policies as inflation targets are approached or met.