Policy pivot
When a central bank switches from hiking rates to cutting them, or the reverse.
Definition
When a central bank switches from hiking rates to cutting them, or the reverse.
Why it matters
Central banks set the cost of money and guard price stability: their decisions are among the most watched events in markets.
How to read it in the news
Read the statement and press conference as much as the decision: guidance on what comes next often moves markets more.
Notitia newsroom · education, not investment advice.