The central banks for most major advanced economies are likely to take back less than half of the interest rate hikes they have rammed through over the past two years—an outlook reshaped significantly by the outperformance of the U.S. economy.
After the Federal Reserve, the European Central Bank (ECB), and Bank of England (BOE) jacked up their benchmarks by a collective 1,475 basis points (bps), only 575 bps of reductions are in store by the end of 2025, according to new Bloomberg Economics estimates.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.