Global Central Banks Confront Enthusiasm of Investors: Eco Week

Central bankers from Washington to Tokyo will this week confront the enthusiasm of investors betting on a return of inflation, delivering policy responses ranging from cautious tolerance to interest-rate increases.

For many such officials, the three-day frenzy of meetings starting on Wednesday is the first scheduled opportunity to act since a global rout in government debt markets took hold in February, fueled by speculation of a pickup in prices after the coronavirus crisis abates.