Global central banks at turning point with rate decisions

Summary: Central banks globally are at a turning point, with Switzerland cutting rates and the Bank of Japan raising them for the first time in 17 years. The BOJ aims to boost inflation through wage increases, while the SNB cut rates due to low inflation. The U.S. Federal Reserve kept rates steady but hinted at future cuts. The Bank of England also maintained rates but signaled a potential future cut.

Full article