Global financial conditions are easing: Global financial conditions have reached their easiest level since 2021. The 2020-2021 period was when world governments and central banks stimulated the global economy on the largest scale in history as a response to the pandemic. Financial conditions have eased over the last 2 years from one of the most restrictive levels since 2001. The move has been similar to the one seen following the 2008 Financial Crisis. World monetary policy has rarely ever been this loose.