January 6, 2020 / 12:14 PM / 18 days ago

Heading south: Emerging central banks cut rates for 11th month in December

LONDON (Reuters) - Emerging market policymakers continued their easing cycle in December, joining major central banks in efforts to shore up their economies.

Interest rate moves by central banks across a group of 37 developing economies showed a net six cuts last month after a net eight cuts in November.

December marks the 11th straight month of net cuts - the longest easing cycle for emerging market central banks since 2013.

(Graphic: Shifting gears click, here)

For an interactive version of the above graphic, click here here

Reporting by Karin Strohecker; Graphic by Ritvik Carvalho, editing by Ed Osmond

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