Rate round-up: Fed triggers further global easing
Fed cut prompts flurry of action, with many central banks hinting at a more dovish stance
The day after the US Federal Reserve changes its policy rate is typically marked by a flurry of action at central banks worldwide. Today (September 19) may have been even busier than usual.
Central Banking has covered several of the major announcements, including a rate cut of 25 basis points in Indonesia and 50bp in Brazil. Argentina took fresh measures in the hope of staving off inflation, while Norges Bank bucked the global trend by hiking its main rate. The Swiss National Bank kept rates at
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