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Rate cuts: Is the 'Big Ease' coming in 2024 or will rate-cut hopes get dashed?

As 2024 approaches, central banks in major developed economies are expected to shift away from aggressive rate hikes that dominated 2023. The Bank of Japan remains an outlier with no imminent shift from its negative rates policy. A favorable turn in inflation trends, moving closer to the 2% target, is allowing central banks to ease policy, with interest rate cuts anticipated in 2024.
Red Sea Djibouti General United States United Kingdom Austan Goolsbee Los Angeles

MC Exclusive: Sam Altman's Worldcoin discontinues offline Orb verification services in India

This is a temporary move as the company is working on developing a bespoke solution to ease registrations in the country. Worldcoin was unable to foresee and handle the huge demand and crowd at Orb locations, sources privy to the developments toldย Moneycontrol.
Max Novendstern Alex Blania Sam Bankman Reid Hoffman Andreessen Horowitz Sam Altman

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