Global Central Banks Adjust Policies Amid Inflation Concerns

Fed, PBOC, and Bank of Canada make significant moves to balance economic growth and inflation control.

Federal Reserve Governor Michelle Bowman dissented from a larger-than-usual rate cut, citing inflation risks despite a slowing labor market.
The People's Bank of China announced a series of monetary policy measures, including reducing the Reserve Requirement Ratio and lowering mortgage rates to stimulate the economy.
Bank of Canada Governor Tiff Macklem emphasized the need to maintain inflation at the 2% target while hinting at potential future interest rate cuts.
The Fed's recent half-percentage-point rate cut marks a departure from the typical quarter-point adjustments, reflecting concerns about economic fragility.
China's aggressive monetary policy aims to support the housing market and boost stock market confidence, signaling a refusal to tolerate economic decline.