Monetary Nerves Fray on Four Continents: Economy Week Ahead

Central banks on four continents will project a collective message of nervous unease in interest-rate decisions this week as the persistence of the coronavirus impedes economic recoveries throughout much of the world.

Monetary authorities in Brazil and India -- both enduring acute outbreaks of the disease -- will probably cut benchmark borrowing costs. Others from the U.K. to Australia are likely to pledge heightened vigilance and continued support, similar to that offered by the U.S. Federal Reserve when it left rates near zero on Wednesday.