English>

Market News

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

JULY 31, 2025

Summary

  • Fed keeps rates steady, traders now doubtful about September cut
  • BOJ less gloomy on economy, supporting rate hike expectations
  • Trade uncertainty stops Bank of Canada giving detailed forecasts

LONDON, July 31 (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:

Change in policy rates by 10 major developed central banks since March 2024

SEE HOW MUCH YOU GET IF YOU SELL

NGN
This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services
Real Time Analytics