This week is packed with Central Bank meetings.
The Bank of Japan kicked them off today with a hawkish hold on its short term policy rate, setting the stage for the rest of the week.
Tomorrow the US Federal Reserve will meet, followed by the Bank of England and European Central Bank on Thursday.
All three will be looking to confront inflationary pressure as the war in the Middle East keeps oil prices well above $100 a barrel.
Federal Reserve chief nominee Kevin Warsh says he wants a "good family fight" at the policymaking table once he takes over as head of the US Fed.
But tomorrow it will be Jerome Powell delivering what is likely to be his final rate decision before his term ends on 15 May.
He is unlikely to make any rate changes so the focus will be on the language he uses to describe the outlook for the US economy.
Deloitte's Chief Economist Kate English said she will be examining how he describes inflation.
"Is he viewing it as something that will be temporary? And we are back to this language again, or more long longer lasting," she said.
"We are on another few weeks now since the previous monetary policy decision meeting and a number of other weeks into quite a severe shock into that energy market where energy prices remain significantly higher than where they were," she said.
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Ms English also noted that with any change in leadership at a central bank, there will be a change in approach.
Although she also reiterated there is a very clear mandate for the Federal Reserve within the US.
"But of course, what the next leader brings, we will need to wait and see," she said.
On Thursday the ECB will meet, and again no change is expected on the rate which has been held at 2% since last June.
Looking ahead to the summer the bank will be looking to see how is inflation passing through the economy, and how the energy inflation story could spillover into the into the consumer and business environment.
"There are many different indicators they monitor, not just core inflation, in order to make their decision, commented Ms English
"It's everything from wages to firms' profits," she said, "and that's the language that I'd be looking for with Christine Lagarde in the press conference on Thursday."
Additional reporting by Reuters