Central banks turn more cautious on rate cuts

Quick Summary:

Big developed market central banks are turning cautious after a series of interest rate cuts and as uncertainty in global economics and politics grows.

The Reserve Bank of Australia cut rates in February for the first time this cycle mainly due to the risk of keeping policy too tight for too long.

The European Central Bank lowered rates earlier this month to 2.5 per cent, its sixth cut since June.

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Article Details

Category: EconomyBusiness

Markets: SingaporeAustraliaCanadaJapanNew ZealandNorwaySwedenSwitzerlandUnited States

Topics: Inflation Markets Reserve Easing Bank Cent Interest Rates Central Rate Cuts

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-20 @ 20:45:21 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 865 words

Reading Time: 5 minutes read

Sentences: 41 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 27191430

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 67 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #27

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