Central banks may be running out of tools — but not out of moves.

In the October 31, 2025 appearance on BNN Bloomberg’s Morning Markets, our CIO Gavin Graham shared his take on the global monetary landscape:

🔑 “The one thing the central banks can do is cut rates further.” 🔑

That simple statement carries weight. After months of tightening, pauses, and cautious optimism, the conversation is shifting back toward easing.
Lower rates could help offset slowing growth and rising debt burdens — but they also raise the question ⁉️ : how much room is really left to cut before policy loses its bite?

At Spire, we believe staying focused on long-term fundamentals matters more than short-term headlines. The coming months will test how policymakers balance inflation control with growth support — and how investors respond to that balance.

👉 What’s your view? Are further rate cuts the right move, or are central banks walking a fine line?

This post is for informational purposes only and does not constitute investment advice or a recommendation. Opinions expressed are those of the speaker and may not reflect future outcomes.

🔗https://www.bnnbloomberg.ca/video/shows/morning-markets/2025/10/31/the-one-thing-the-central-banks-can-do-is-cut-rates-further-graham/