Central banks to pour money into major economies despite sharp rebound

The aggressive rebound in global economic growth still isn’t enough for most of the world’s central banks to pull back on their emergency stimulus. In Bloomberg’s quarte­rly review of monetary policy covering 90 per cent of the world economy, the Federal Reserve, European Central Bank and Bank of Japan are among the 16 institutions set to hold interest rates this year.
 
The outlook suggests officials still want to guarantee the recovery from last year’s coronavirus recession by maintaining ultra-low borrowing costs and asset-buying programs.
 
Six central banks, most of them in emerging markets, are still predicted to hike,