Global Economy Enters New Phase with Policy Rate Cuts =============== #ea5c5357 ver:0.52 Global central banks are taking a cautious approach to interest rate cuts 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. The delay in rate cuts could lead to higher capital outflows from emerging markets, potentially weakening economic activity. The Philippines' central bank, however, may cut borrowing costs ahead of the Fed if the country's fundamentals continue to improve. #CentralBanks #InterestRates #Inflation... #newstr #GlobalEconomy #PolicyRateCuts #CentralBanks #Inflation #InterestRates #EconomicTrends https://here.news/story/ea5c5357?ver=0.52