Central banks are pivoting globally: World central banks have cut rates 312 times over the last 24 months, the 2nd-highest total in at least 25 years. This is just one rate cut below the 2008 Financial Crisis response. By comparison, the global pivot before and during the 2020 pandemic brought 255 cuts. This also marks a massive jump from just 30 rate cuts during the 2022–2023 period. So far, 82% of world central banks have cut rates over the last 6 months, the highest share since 2020. This century, central banks have slashed rates at a pace only seen during recessions. Global monetary easing is in full swing. This is huge, central banks are really opening the taps globally 312 rate cuts in 24 months puts the current easing cycle right up there with 2008, and well beyond the 2020 pandemic pivot. With 82% of banks cutting in just the last 6 months, the message is clear: growth support is top priority. The big question now is how markets, currencies, and commodities will respond as this liquidity wave rolls through.