Economics
Our Guide to What the World’s Top Central Banks Will Do Next
- Bloomberg Economics’ look at 22 interest-rate setting bodies
- What they’ve done so far and what might be happening in future
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Slowly, but surely, central banks around the world are unwinding the easy money they spent a decade injecting into the global economy to fight the fallout from financial crises and recession.
Already this year, the Federal Reserve raised its key interest rate twice and the European Central Bank declared it would cease buying assets in December. Stung by investors, emerging market central banks such as Turkey and Argentina have tightened monetary policy even more aggressively.