EM central banks plough on with easing in July as major peers linger
Balazs Barabas
LONDON :Emerging market central banks implemented their largest rate-cutting push in years in July, while their developed market counterparts held steady as uncertainty over U.S. trade and tariff policies reverberated across global economies. Seven central banks from a Reuters sample of 18 developing economies delivered 625 basis points (bps) of cuts - the highest monthly cut since at least 2022 - in July, data showed. The moves were driven by policy makers in Turkey returning to easing with a
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