If central banks don't start cutting them soon, it could actually increase inflation 
‘They don’t have enough’ – schools in England are running food banks for families 
The RBA has kept interest rates on hold. Here's why it'll be cautious from here on 
How cuts to marginal income tax could boost the UK’s stagnant economic growth 
The yen plunges to 34-year low despite interest rate hike 
Industry shutdowns are messy and painful: 4 lessons Australia’s coal sector can learn from car-makers about bowing out 
What central banks are doing to safeguard financial stability and why they must proceed with caution 
Why is toddler milk so popular? Follow the money 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Consumer inflation expectations rose to 4.3 percent in January. Unemployment rate for December came at 5.8 percent.
Upcoming:
- Switzerland: Producer and import prices for December will be released at 8:15 GMT.
- Eurozone: Current account balance for November will be released at 9:00 GMT. ECB will announce monetary policy decision at 12:45 GMT, followed by the press conference at 13:30 GMT.
- United States: Housing starts for December, along with building permits will be released at 13:30 GMT. Weekly jobless claims report will be released at 13:30 GMT. Philadelphia Fed manufacturing for January will be released at 13:30 GMT. EIA will weekly natural gas inventory report at 15:30 GMT and crude oil inventory report at 16:00 GMT.
- Canada: Manufacturing shipments data for November will be released at 13:30 GMT.
