Global Economy Briefing — March 20, 2026

2026-03-20 - 09:10

This global economy briefing captures a historic day of central bank paralysis: the Bank of England, the European Central Bank, and the Bank of Japan all held rates on Thursday, joining the Federal Reserve’s Wednesday freeze, as the Iran war’s energy shock forces policymakers into a stagflationary standoff. The BoE’s unanimous 9-0 vote — its