Equities

Global Stocks Jump as Fed and ECB Signal Possible Rate Cuts

Global equity markets rallied sharply on Tuesday after the U.S. Federal Reserve and the European Central Bank signaled that interest-rate cuts could be on the table later this year. Investors welcomed the prospect of lower borrowing costs, sending major stock indices in New York, London and Tokyo higher in a broad-based move.Markets React to Policy ShiftTraders interpreted the central banks’ comments as a sign that…