December Central Bank Rate Cuts Lead Historic Easing Push for 2024 - PRESS AI WORLD
PRESSAI
All categories
Recent Posts
side-post-image
Jamie Dimon and Elon Musk "Hug it Out" After Lawsuit Settlement
user-iconAtlas Winston
side-post-image
Ancient Marble Statue Discovered Abandoned in Garbage Bag Near Thessaloniki
user-iconGloria Terra
Contact Phone:
Economy

December Central Bank Rate Cuts Lead Historic Easing Push for 2024

share-iconTuesday, January 07 comment-icon2 weeks ago 8 views
News sources:
reutersREUTERS
December Central Bank Rate Cuts Lead Historic Easing Push for 2024

Credited from: REUTERS

  • In December, **major central banks** initiated the **largest easing effort** since the COVID-19 rate cuts in 2020.
  • Five out of nine banks that met in December, including **Switzerland** and **Canada**, made cuts, totaling **825 basis points** for 2024 so far.
  • The latest cuts reflect uncertainty in financial markets, heightened by the upcoming presidency of **Donald Trump**.
  • Emerging markets saw significant changes, with **Turkey** implementing a substantial cut of **250 bps**.
  • Overall, the **easing efforts** in 2024 have already surpassed those of 2023, indicating a shift in global financial strategies.

For more details, visit the original article on Reuters.

Gallery

SHARE THIS ARTICLE:

TAGS:

Central banks Rate cuts Economic policy Financial markets Inflation G10 currencies
author-dp

Author:

Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

nav-post-picture
date-iconJanuary 07, 2025 Infosys Implements Safety Measures After Leopard Sighting at Mysore Campus
date-iconJanuary 07, 2025 Zhejiang Province Commits to Common Prosperity by 2035
nav-post-picture
Related Posts
main-post-image
ECONOMY
Navigating Gold Investments: Understanding the Gold Standard and the Rise of Fractional Gold Amid Economic Uncertainty
date-iconJan 22, 2025
main-post-image
ECONOMY
Trump’s Tariff Proposals Could Increase Prices and Potential Economic Impact in 2025
date-iconJan 21, 2025
main-post-image
ECONOMY
Major M&A Surge Sparks Concerns Over Shareholder Returns
date-iconJan 17, 2025
main-post-image
ECONOMY
IMF Projects Global Economic Growth Amid Trump’s Policy Challenges
date-iconJan 17, 2025
main-post-image
ECONOMY
Medicare Targets Ozempic and Wegovy in Major Drug Price Negotiations for 2027
date-iconJan 17, 2025
main-post-image
WORLD NEWS
Gaël Monfils and Learner Tien Shine at Australian Open 2025, Defying Age and Expectations
date-iconJan 18, 2025

Stay Connected

main-post-image
World News
Mittens the Cat's Unintentional World Tour: Three Flights in 24 Hours After Being Left on Plane
date-icon January 22, 2025
main-post-image
Politics
TikTok Ceases Operations Amid US Ban, Appeals to President Trump for Support
date-icon January 19, 2025
main-post-image
World News
US Eases Restrictions on Indian Research Centers to Strengthen Energy Cooperation
date-icon January 15, 2025
main-post-image
Politics
U.S. Treasury Recovers Over $31 Million in Improper Social Security Payments to Deceased Individuals
date-icon January 16, 2025

Tags

Stay informed effortlessly with PRESS AI WORLD, the AI-powered news summarizer that delivers concise, easy-to-read global headlines tailored to your interests.

Categories

Recent Posts

side-post-image
Jamie Dimon and Elon Musk "Hug it Out" After Lawsuit Settlement
user-iconAtlas Winston
side-post-image
Ancient Marble Statue Discovered Abandoned in Garbage Bag Near Thessaloniki
user-iconGloria Terra
© 2025 All rights reserved | PRESS AI WORLD