The US Federal Reserve will announce its latest interest-rate decision. The consensus is that the Fed fund rate will be cut by 0.25% to 5.25%. However, some believe that it could be reduced by as much as 0.50%. The Bank of Japan and the Bank of England will also announce their latest interest-rate decisions. The Japanese central is expected to keep interest rates on hold. Whilst it wants to normalise interest rates, the BoJ wants to do it gradually. The Bank of England is also expected to stand pat on the base rate. It wants to cut interest rates further. But it has been deterred by wage growth that remains strong and inflation that is still above its target of 2%. Staying with interest rates, the People’s Bank of China could keep the loan prime rate at a record low of 3.35%. China is trying to walk a fine line between a need to stimulate the economy and ensuring that commercial banks remain profitable....