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Central Banks Run in Place as Inflation Slide Outpaces Rate Cuts

relates to Central Banks Run in Place as Inflation Slide Outpaces Rate Cuts
Photograpehr: Mark Bowden

Emerging market central banks can’t cut interest rates fast enough.

Real rates -- benchmarks minus inflation -- are higher now than they were at the start of the year in South Korea, Poland and Israel despite easier monetary policy, according to Bloomberg data.