Emerging Market Central Banks Panic With Most Rate Cuts Since Financial Crisis

Panicking central banks in 37 emerging market economies recorded a net total of 14 rate cuts in August. Here’s why…

by Jason Burack of Wall St For Main St

Central banks across 37 emerging market economies recorded a net fourteen rate cuts in August, the most since policymakers dropped rates to zero after the global financial crash in 2008/09.

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