Central Banks
Fed’s Rate-Cut Delay Won’t Hold Back the Tide of Global Easing
- Almost all major central banks are now on a path to rate cuts
- Easing may not be swift or synchronized, but it’s happening
The Marriner S. Eccles Federal Reserve building in Washington, DC.
Photographer: Ting Shen/BloombergThis article is for subscribers only.
Global policymakers aren’t about to let the Federal Reserve’s delay in cutting interest rates distract them too much from their own easing efforts.
Among the 23 of the world’s top central banks featured in Bloomberg’s quarterly guide, only the Bank of Japan won’t end up lowering borrowing costs within the next 18 months. Most are already set to do so this year.