ZURICH—Central banks around the world are responding in different ways to current economic challenges. Some have shifted from modest tightening to pauses. A few have cut rates. With the global economy slowing and inflation falling below targets set by many banks, economists and investors are pondering what the next easing cycle will look like. One thing seems certain: It won’t look like the last one.

Source: Wall Street Journal June 11, 2019 02:03 UTC