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GRAPHIC-Lower and lower: Emerging-market central banks cut rates for 16th month

Published 06/01/2020, 10:14 PM
Updated 06/01/2020, 10:20 PM

By Karin Strohecker and Ritvik Carvalho
LONDON, June 1 (Reuters) - Emerging-market central banks
continue to slash interest rates in May as policymakers try to
shore up their economies in the face of the coronavirus
pandemic.
Interest rate moves by central banks across a group of 37
developing economies showed a net 16 cuts in May after a net 15
reductions in April.
May marked the 16th straight month of net cuts - the longest
easing cycle for emerging-market central banks since 2013.


For an interactive version of the above graphic, click here
https://reut.rs/39BZ5xH.

For a FACTBOX on global central bank rate cuts in the past
few weeks, click here: a FACTBOX outlining the policy response in major
economies, including fiscal policy: <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
EM central banks cut rates at record clip png https://tmsnrt.rs/2Sy5rZ8
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>

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