African Economies Delay Joining Global Easing Cycle
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#ea5c5357 ver:0.55

Central banks in advanced economies are hesitating to join the global interest-rate cutting cycle as inflation proves more persistent than expected. The Federal Reserve has reduced its projections for US monetary easing, signaling a reluctance to further lower borrowing costs. Other central banks, such as the Bank of Canada and the European Central Bank, have already begun easing cycles. Policymakers in the UK, Australia, and Norway are also not convinced enough about disinflation to start cutting rates. The Bank for International Settlements warns that rising government debt levels ahead of major elections could disrupt global financial markets. African central banks are unlikely to follow the global trend of easing monetary policies, except for Mozambique. #CentralBanks #InterestRates #Inflation...

#newstr #CentralBanks #Inflation #RateCuts #GlobalEconomy #AfricanEconomies #MonetaryPolicies #InterestRates #Currencies 

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