After surprise March rate cuts by central banks in Switzerland and Chile, the debate over timing of initial cuts by the ‘big three’ is heating up. Futures markets this week raised the stakes on the Bank of England being first out of the gate, putting the probability of a Spring-Summer cut at 20%, compared to less than 10% for the Federal Reserve and European Central Bank. Here’s what you need to know about the question currently captivating global markets. Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
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