G10 central banks hit rate plateau in October, emerging markets diverge
Central banks across major developed economies in September delivered no rate hikes for the first time since January 2022 while emerging markets extended their split between easing in Latin America and much of central Europe and tightening in Asia. October saw five of the central banks overseeing the 10 most heavily traded currencies hold rate setting meetings, with policy makers at the Bank of Japan, the European Central Bank, the Reserve Bank of Australia, the Reserve Bank of New Zealand and the Bank of Canada opting to keep their benchmarks unchanged, Reuters data showed.
Source: yahoo.com
