LONDON: Kenya's central bank unexpectedly cut its benchmark interest rate by 50 basis points on Tuesday, a move aimed at spurring credit growth and facilitated by inflation remaining within the government's target band.
A total of 57 monetary authorities around the world have now eased policy since the beginning of last year in the face of slowing growth and inflation. This was the 197th easing step in that period.
Below is a list of all 57 central banks, starting with the most recent move, and an interactive graphic tracking the moves. Thirteen have begun a new easing cycle this year.
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