Monday, October 26
Global central bankers are poised to cut borrowing costs further in 2025, but only warily — and with a keen eye on the policies of incoming US President Donald Trump.While almost all major economies should see monetary easing during the coming year, the pace is likely to slow.Bloomberg Economics projects its aggregate measure of advanced-world interest rates to drop just 72 basis points in 2025, less than than it did in 2024. 116979929The shifts in that gauge tell a tale both of easing cycles that have already progressed, of lingering caution about inflation pressures that might yet need to fully dissipate, and of the unknowns posed by the impending second era of Trump.The next US president is a haunting presence for central bankers around the world. If enacted, his threatened trade tar
