Monday, August 10, 2020 6:48 a.m. EDT
by Thomson Reuters
By Karin Strohecker and Ritvik Carvalho
LONDON (Reuters) – Rising market central banks continued to chop rates of interest in July as policymakers battling the fallout from the coronavirus pandemic tried to shore up their economies, although the tempo of reductions has slowed down significantly.
Rate of interest strikes by central banks throughout a bunch of 37 growing economies confirmed a web eight cuts in July following 16 cuts in June and May every.
July marked the 18th straight month of web cuts – the longest easing cycle for rising market central banks since 2013.
Graphic: EM central banks maintain slicing charges EM central banks maintain slicing charges https://graphics.reuters.com/EMERGING-RATES/xlbvgbyjqpq/chart.png
For an interactive model of the above graphic, click on https://graphics.reuters.com/gfx/rngs/EMERGING-RATES/rlgvdngxmvo/
(Reporting by Karin Strohecker; Graphic and information reporting by Ritvik Carvalho; Modifying by Toby Chopra)