Key central banks are generally expected to pause interest rate movements over the coming months after a surprisingly active 2019 that saw interest-rate cuts in the US, Europe, and many central banks in Asia. "The very relaxed monetary policy around the world, especially in the US and Europe, has left policymakers with very little room for maneuver," says Credit Suisse economist Maxime Botteron in the podcast. However, the central banks and their policies should not be ignored either. The Federal Reserve and the European Central Bank are currently reviewing their strategies. Meanwhile, a 2019 report from the Swiss National Bank highlights the large, income-generating balance sheets that were built up in the past decade.