Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

GRAPHIC-Nudging lower: Emerging market central banks extend easing cycle in December

Published 01/22/2021, 06:34 PM
Updated 01/22/2021, 06:40 PM
© Reuters.

© Reuters.

By Karin Strohecker and Ritvik Carvalho
LONDON, Jan 22 (Reuters) - Emerging market central banks
revisited interest rate cuts in December, extending an easing
cycle that started in 2019 and had exceeded the cuts during the
2008 financial crisis and the 2010 euro crisis.
Central banks across a group of 37 developing economies
delivered one net interest rate cut in December after two net
interest rate cuts in November and no change in October. A net
four cuts in September had marked the 20th straight month of
interest rate cuts, Reuters calculations showed.
At the peak of the last easing cycle in March, 27 of the 37
central banks cut interest rates, trying to protect their
economies as the fallout from the coronavirus pandemic rippled
through markets around the world.


For an interactive version of the graphic, click here https://tmsnrt.rs/3jSycdO.

<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
EM central banks pause rate cutting cycle https://tmsnrt.rs/329LkoX
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.