From – 0.75% (Switzerland) to almost Zero in most of Europe to around 4% in India, Central Banks in most economies remain accommodative.
Although inflation remains benign in most places, some high inflation economies like Argentina (38%) and Venezuela (39%), have their plates overflowing with challenges.
While the GDP projections are encouraging, whether cheaper credit can fuel a rebound in economic activity, remains to be seen.
We at FrankBanker are hopeful!