Central banks are cutting interest rates at a faster pace than in years. When will the Fed join them?

Investors have been waiting for central banks to start cutting interest rates since the Federal Reserve announced its first rate hike of the cycle in March 2022.

Now it looks like it’s finally happening: For the first time since January 2021, the number of central banks cutting interest rates in November exceeded the number raising them, according to an analysis by Deutsche’s Jim Reid Bank.

That…