London — After six months of churning interest rate speculation, few now doubt 2024 will see the three major Transatlantic central banks easing policy — the only quiz is whether they move in lockstep.

Even though all three faced similar global inflation impulses from post-pandemic supply-side shocks and a Ukraine-related energy spike, seven months separated the Bank of England (BOE) starting the rate hike rush at the end of 2021, the Fed following in March 2022 and the European Central Bank (ECB) completing the three-pronged attack that July...

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