Data: Over the past year, central banks around the world have cut interest rates 168 times, with the Federal Reserve joining the ranks of monetary easing.

BlockBeats News, September 29th, according to Kobeissi Letter data, in the past 12 months, central banks around the world have cut interest rates 168 times, marking the third-highest number of interest rate cuts in this century. The previous peak was 196 interest rate cuts in the 12 months after June 2020.

Following the 2008 financial crisis, global central banks cut interest rates as much as 249 times in the 12 months ending in October 2009.

Although the Federal Reserve was one of the last central banks to join the rate-cutting trend in this cycle, it is expected to cut rates twice more by the end of the year, signaling the Federal Reserve's inclusion in the global monetary policy shift.