SPX Capital CEO Predicts Global Central Banks Will Cut Rates Starting in March

Speaking at a UBS event in Sao Paulo, Rogerio Xavier, chief executive of SPX Capital, said that central banks in Europe, the UK and the US are expected to cut interest rates from March, which should lead Brazil's central bank to consider accelerating the pace of rate cuts. He added: "Global central banks will have enough room to cut rates in 2024. If this becomes a reality, the inflation scenario will be 'rosy'."