‘Twas The Night Before Rate Cuts?

‘Twas the night before interest rate cuts, in markets worldwide, With hopes that central banks would soon  turn the tide.

The markets expect, with cuts so precise, the Fed cutting a hundred and ten basis points, to slice.

In the Eurozone too, cuts are now in sight, one hundred thirty-three basis points, to ease the tight plight.

The U.K. not far, with its own rate decree, Seventy-four basis points, to set finances free.

Canada’s stance, firm yet cautiously bold, a hundred and six bps cut, measured and told.

Each bank in its wisdom, may see the need clearly, to curb rising interest costs, that companies so fear.

For debt service bites, with a relentless claw, eating at bottom lines, exposing the flaw. The cuts couldn’t come quicker, the markets do plea, a global chorus, calling and set for a financial spree.

So as the world is waiting, with bated breath, for central banks’ to move, to dodge the debt’s death. The hopes were all pinned on this monetary dance, to revive the economies, and give growth a chance.

In boardrooms and exchanges, eyes all did fix, on central bankers’ play, their monetary tricks. Will their moves be enough, to calm the troubled sea? Or is more needed, for a stable economy spree?

‘Twas a global effort, a synchronized plan, to steer the ship safe, as best as they can. So here’s to the rate cuts, in the coming new year, may they bring relief swift, so economies’ can cheer.