LONDON: The intensifying euro zone crisis and uncertain global growth outlook have raised hopes for a policy response from major central banks but, while it could be a close call, they are likely to resist pressure to act in the coming week.
The European Central Bank, the Bank of England and the Reserve Bank of Australia are all due to meet as data emerges on the euro zone's service sector, and the manufacturing and trade performances of the big German and U.S. economies.
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