Here's a handy little summary from BNP on who's doing what in the world of central banking:

  • The majority of the world's central banks remain on hold as they mull their next policy steps. A few are poised to move.
  • Others still have a bias to ease, due to concerns over low inflation and/or currency appreciation (Sweden, Norway, China, India, Russia and Hungary, for example).
  • Others have pledged to hold policy steady, in the hope that stronger growth may help put inflation on a sustainable path (Poland, for instance).
  • And then there are the exceptions, which are either raising rates (Brazil) or signalling future rate hikes, though not immediately, such as the US Fed.

I'll have more as it comes through