New Delhi, May 25 -- Every month, Mint's Plain Facts section 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.

Policy outlook

In the coming month, several major central banks are poised to announce monetary policy decisions, with many facing a delicate balancing act-managing persistent inflationary pressures while navigating the uncertainties of US tariff policies.

The US Federal Reserve, Bank of England, and Bank of Japan are widely expected to keep interest rates steady. Meanwhile,...