![US Federal reserve bank building](/content/dam/invesco/us/en/images/insights/ARTCL-Q1-Global-Liquidity-Snapshot.jpg)
Money market and liquidity
Global liquidity snapshot
Central banks held rates steady in the first quarter, reiterating their commitment to a data-dependent approach to managing monetary policy. In the US, while inflation has been on a slow downward trajectory it still remains above the FOMC’s comfort level.