Most of the world's central banks may be close to peaking or have already finished raising their interest rates, portending a hiatus before possible monetary easing appears on the horizon.
With early signs of weakening economic growth already visible and the aftermath of financial market stress still lingering, any pause by the Fed after at least one more hike in May could cement a turnaround after the most aggressive monetary policy the world has seen in decades.
The European Central Bank and its regional counterparts could go longer and even aim to maintain restrictive levels.
Still, a US monetary. . .
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