Central banks across the world meet this week. While the European economy is struggling, the ECB is expected to keep policies on hold after it provided a significant – and controversial – easing package in September. This is Mario Draghi’s final meeting and he will likely reiterate the need for fiscal easing. Meanwhile, it is unclear whether or not the Turkish central bank will temporarily halt monetary easing. It cut interest rates at its last two meetings and there is still a chance it could do so again. But demand seems to be recovering and the depreciating lira could boost inflation. Consensus estimates are also split on whether Indonesia will cut interest rates again, after slashing them three times this summer, to 5%. Finally, Russia is expected to cut interest rates by 25bps to 6.75% in response to slowing economic growth. Inflation is currently at the central bank’s 4% target but is likely to fall in response to weaker demand.