Rich World Rate Cut Momentum Fades; Global Policy Diverges

• Rich world's rate-cut momentum is fading, with central banks assessing economic impact rather than pursuing further easing.
• The Federal Reserve has a cloudy outlook for more reductions, while the Bank of England may implement a probable, but potentially final, rate cut.
• The European Central Bank is set to maintain its rate hold with higher growth forecasts, contrasting with the Bank of Japan, which is expected to hike.
• Key economic data releases include US jobs, CPI, and retail sales (some delayed by shutdown), and China's figures expected to show a bleak picture.
• Some central banks in other regions, like Mexico and Thailand, are set to extend easing cycles, while Chile is also expected to cut rates.

Why It Matters: Global rate cut momentum is fading, signaling diverse economic policy shifts impacting economies.