New Delhi, Jan. 6 -- Every month, Mint Plain Facts brings out an update on key global data to thread together the biggest developments in the world that are worth paying attention to. The accompanying analysis and charts explain how each story is creating ripples on the global stage, where it is headed in the coming weeks, and whether it can impact India.

In 2025, major central banks began easing interest rates as inflation pressures moderated, but the pace and extent of cuts varied widely across countries. This divergence is expected to become even more pronounced in 2026 as policymakers grapple with slowing disinflation, resilient growth in some economies and rising geopolitical and political risks.

After delivering three rate cuts fr...