Central banks to pursue cautious rate cuts as inflation concerns linger

Central banks to pursue cautious rate cuts as inflation concerns linger

As global central banks navigate between spurring growth and controlling inflation, 2024 presents a cautious approach to monetary easing.
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As global central banks navigate between spurring growth and controlling inflation, 2024 presents a cautious approach to monetary easing. According to Bloomberg, while the high tide of interest rates seems to have receded, only a mild relief in borrowing costs is expected. Most of the world's major economies, led by cautious central bank policies, anticipate a slow and measured rate reduction. With persistent inflation concerns, geopolitical tensions, and upcoming US elections, the path forward remains complex, with central banks carefully balancing economic support against inflation risks.

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By Bloomberg News

The high tide for global interest rates has passed, but respite for the world economy may be limited as policymakers stay wary at the threat of inflation.

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