The momentum of global monetary policy easing in 2025 is coming to an end. In the last intensive central bank decision-making week of the year, the general trend of “putting on the brakes” in advanced economies is becoming increasingly clear, and the policy paths of the world's major central banks are becoming significantly divided, adding new uncertainty to next year's market.

The momentum of global monetary policy easing in 2025 is coming to an end. In the last intensive central bank decision-making week of the year, the general trend of “putting on the brakes” in advanced economies is becoming increasingly clear, and the policy paths of the world's major central banks are becoming significantly divided, adding new uncertainty to next year's market.