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ESGW - Passing The Baton: Signs Of Fiscal Stimulus Emerge
Columbia Sustainable Global Equity Income ETF Columbia ETF Trust I
By Jeffrey Kleintop
Global central banks moved quickly from raising interest rates in the second half of last year back to cutting rates in 2019. Central banks have been increasingly lowering interest rates this year, as you can see in the chart below.
Central banks increasingly shift to cutting interest rates
*September 2019 data only through 29th of month. Based on a study of 78 central banks. Source: Charles Schwab. Data from Bloomberg as of 9/29/2019.
Since the last rate hike by the Fed in December of last year, there have been 95 global central