Global Rate-Cut Momentum Fades as Central Banks Turn Cautious
Markets now price fewer ECB cuts and even possible hikes as disinflation stalls and growth stays modest.
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Markets now price fewer ECB cuts and even possible hikes as disinflation stalls and growth stays modest.
Strategists cite Oracle’s slide, AI profitability doubts, and rate repricing pushing flows into cyclicals and defensives.
Investors reprice fewer 2026 cuts, rotate beyond mega-cap tech, and watch Congress weigh prediction-market rules.
Powell warned of hidden labor weakness as strategists eye a 2026 shift beyond AI megacaps.
Testimony urges clearer CFTC guardrails as nationwide futures-style contracts expand beyond state gambling controls.
Beijing aims to expand exports and imports while lifting pensions and incomes to curb trade tensions.
Tourism weakness and job-loss risks could weigh through 2026, while construction and Maui rebuild projects buffer growth.
A quarter-point cut may slightly lower credit-card costs, but 6.22% mortgages hinge on long-term yields.
Markets weigh a third Fed cut, Hawaii’s tourism-led downturn, China’s export-demand pivot, and prediction-market scrutiny.
BTC-USD -0.66%ETH-USD +0.08%SOL-USD -3.34%MSTR +0.88%As of Nov 29, 2025 09:38 AM ET • Data via Yahoo! Finance Heading into late November, the
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