Global Economy

Central Banks Signal a Slow Thaw as Inflation Finally Loosens Its Grip

Policymakers across three continents hinted at coordinated easing this autumn, a shift that would reshape borrowing costs for households still bruised by two years of tight money.

The turn had been telegraphed for weeks, but the language mattered. Where officials once spoke of "vigilance," minutes released Friday leaned on "patience" and "room to maneuver" — the vocabulary of a cycle preparing to reverse. Analysts cautioned that a single soft reading does not make a trend.

By Mara Odell  ·  Economics Correspondent  ·  12 min read