Emerging-Markets Central Banks in Modest Easing Mode
Limited policy easing in emerging economies leaves growth in those markets more dependent on developed markets’ economic cycles.
Michael Hood
July 24, 2014
A police officer stands beside Reserve Bank of India (RBI) signage at the central bank's headquarters in Mumbai, India, on Tuesday, April 1, 2014. Indiaís central bank left its key interest rate unchanged as consumer-price inflation eased to a two-year low and the rupee strengthened, increasing scope to support growth ahead of national elections starting this month. Photographer: Vivek Prakash/Bloomberg
Vivek Prakash/Bloomberg
