Since the last week of October, a great number of central banks have been slashing interest rates, joining the massive synchronization of monetary easing worldwide. This year more than two dozen banks have used easing tactics and in the last two weeks alone central banks from Costa Rica, Hong Kong, Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Brazil, Indonesia, and Georgia have joined the rate slashing party. Also Read: Money and Democracy: Why You Never Get to Vote on the Most Important Part of Society The World’s Central Banks Join Hands to Invoke the Longest Easing Cycle in a Decade…
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QE Infinity: 37 Central Banks Participate in Stimulus and Easing Practices

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