Central Bank Olympics

Let the Rate Cuts Games Begin!

FOMC is ahead with 2.50% cut since early this year.
RBA is gaining ground with a massive 1.00% cut today
BoE has cut once;
RBNZ has cut once as well.
ECB is in last place with their champion Trichet lagging behind.

This olympic will be more interesting to watch when others of different camps participate.. Now those are coordinated moves.. I would see this as a basketball game (The 5 CBs represent the 5 players but not sure what role each are playing here now..) if there are another 5 players can be identified and forming another team..

Whose going to be the first to ZIRP! ? (zero interest rate policy)