(Bloomberg) –More central banks around the world are pausing their tightening campaigns as inflation shows signs of cooling and economies slow down.
Policymakers from Hungary to Chile left interest rates unchanged this week, while the Bank of Canada signaled it may soon pause to assess the impact of policy thus far. Officials in South Africa and Colombia downshifted to smaller hikes amid risks to growth.
In the US, the Federal Reserve’s key inflation gauges ebbed in December to the slowest annual paces since late 2021. Measures of wholesale inflation fell in some European countries last month, including Finland and Slovakia.
Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy:
Colombia surprised most analysts by slowing the pace of monetary tightening as the economy shows signs of a sharp slowdown, while the Bank of Canada raised…