Major central banks are taking divergent policy paths as U.S. tariffs create different challenges across the global economy. While the U.S. Federal Reserve holds rates steady due to inflation concerns, the Swiss National Bank is considering negative rates to combat currency strength, and the Bank of Japan maintains a potential hiking bias despite growing caution. The article outlines the current positions of ten developed-market central banks, with many European and Pacific nations cutting rates or signaling future cuts while dealing with the disinflationary effects of stronger currencies against the dollar and the broader impact of trade tensions.

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What’s Driving Gold’s Sharpest Pullback of the Year
Gold is down 14% in 30 days — but the fundamentals haven’t changed. We break down what’s behind the sharpest pullback of the year, why silver is bucking the trend, and what Iran’s rejection of U.S. talks means for precious metals going forward.




