At Least Greenland And Kazakhstan Are Raising Interest Rates! (Most Central Banks Lowering Rates)

Even more central banks joined the global rate-cutting trend, with Guinea and Georgia on Wednesday lowering their benchmarks for the first time this year after South Sudan did so on Tuesday.

More than a dozen institutions including the Federal Reserve, European Central Bank and Bank of Japan have scheduled monetary policy meetings this week.

But not Greenland and Kazakhstan.

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Of the major Central Banks, India is really going wild to the downside along with Australia, Sweden and (no surprise) Japan.

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Today, as expected, The Fed last rates unchanged.

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Here is Greenland’s version of San Francisco! 

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