Big central bank rate cuts slow, tariffs and politics in focus

Big central bank rate cuts slow, tariffs and politics in focus

Source: EODHD - https://www.investing.com/news/economy-news/big-central-bank-rate-cuts-slow-tariffs-and-politics-in-focus-4162165
Published: Jul 31, 2025 5:42 AM

By Alun John and Naomi Rovnick LONDON (Reuters) -The pace of global rate cuts is slowing as the European Central Bank nears the end of its easing cycle, the U.S. Federal Reserve stays cautious about tariff-driven inflation and investors watch to see whether Britain speeds up from here. The Fed struck a hawkish tone on Wednesday alongside holding rates steady, an approach that lifted the dollar and assuaged fears that President Donald Trump’s intense pressure on chair Jerome Powell has eroded central bank independence. Here’s where 10 big central banks stand: 1/ SWITZERLAND Bets that the Swiss National Bank will use negative interest rates to tackle the seemingly unstoppable rise of the safe...

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