The Fed is Wednesday, the ECB and BOE Thursday.
For Europe, this is it. Draghi has put his personal credibility on the line and King is trying not to fumble once more as his term begins to wind down.
By September, the market will be fully expecting Fed action so this could be the last chance for Bernanke to shock the market with a positive surprise — something that could kickstart the US economy.
All the Western central banks have some firepower left but not much, so it’s either a series of skirmishes or:
