This chart from John Kicklighter of dailyfx.com says a lot as it explains the standpoints of key central banks across the globe.
It will be interesting to see the curve few months hence as Bank of England (BoE), Bank of Japan (BoJ), and U.S. Federal Reserve are suspected to be making some moves.
Chart courtesy: John Kicklighter of dailyfx.com


Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure
BOJ Holds Rates at 1% as Inflation Outlook Eases, October Rate Hike Still Possible




