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The Economic Times
The Economic Times

Charting the Global Economy: Central banks hold the line

Monetary policymakers from the US and the UK to Japan left interest rates unchanged this week as they assessed renewed inflation risks from higher energy costs and war in the Middle East.

The Federal Reserve kept borrowing costs unchanged, but three officials voted for higher rates. The Bank of Japan and Bank of England also held rates steady, but like the US, several BOE policymakers also pushed for tighter policy.

Elsewhere, higher costs complicated the outlook. Inflation accelerated in Germany and in France. Japan lowered its economic growth forecast and Singapore expanded support for households and businesses facing higher costs from the prolonged Middle East conflict.

Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, markets and geopolitics:

World

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