-
Interest Rates Are Crashing: Here’s What You Need to Know
Interest rates are nosediving around the world. Here’s what you need to know as this becomes an increasingly mainstream story. First, the main reason is slower growth in the world’s two biggest exporters: China and Germany. China has run into President Trump’s tariffs and Germany faces the uncertainty of Brexit. Business leaders in both countries are spending less as a result, which drags on confidence. Second, central banks are responding with rate cuts. Market Insights has tracked this since February. Check out this timeline: Feb. 5: Australia’s central bank cuts its growth estimate and suggests rates may ... (full story)