As the US Federal Reserve and other central banks hold meetings this week, here are key questions regarding their monetary policies:What measures are in place? Inflation has soared worldwide, raising market expectations that central banks will tighten the money supply to lower prices and prevent economies from overheating. Central banks in Brazil, Russia, Mexico, South Korea, the Czech Republic and Iceland have raised their interest rates this year. Have central banks succeeded? The global economy is recovering as people, business and governments have taken advantage of ultra-low interest rates.

Source: Manila Times September 19, 2021 10:07 UTC