Fitch is consistent with its view on the policy axis by central banks for this year.
- All central banks will see interest rates cut in 2024.
- The focus of the policy will be large-scale, but not sharp.
- Prices at the end of this year will remain significantly higher than pre-pandemic levels.
- No further interest rate increases are expected by the Fed, the European Central Bank or the Bank of England in the future.
- Witness the reduction of interest rates by 75 basis points by major central banks by the end of the year.
