Rate cuts that end year of global central-bank easing

Quick Summary:

A year when inflation subsided enough for monetary policy easing to start in most advanced economies is about to conclude with a 24-hour flurry of decisions led by the Federal Reserve.

Two days later, the Czech central bank is also expected to confirm an unchanged rate, as policymakers consider calling a halt to easing.

The labor report is expected to show a pickup in annual pay growth that shouldn’t overly concern policymakers, while the inflation numbers may reveal an acceleration both in the headline and underlying gauges, adding to the case to stay cautious.

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Article Details

Author / Journalist: Bloomberg News

Category: BusinessStartups

Markets: PhilippinesArgentinaAustraliaBrazilCanadaChileChinaColombiaFranceGermanyHungaryIndiaIndonesiaIsraelJapanSouth KoreaMalaysiaNew ZealandNigerNigeriaNorwayPakistanSwedenThailand

Topics: Percent Bank Inflation Data Week Economy Expected Rate Central Policymakers Year

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-15 @ 12:47:29 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 1684 words

Reading Time: 10 minutes read

Sentences: 66 lines

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Copyright Owner: © Business Mirror

News ID: 24415965

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