The US Federal Reserve Bank will raise interest rates to 0.5% In the next six months.  (The median figure of 200 economists).   The UK is the country stat will probably follow the Fed in 3 months.  The EU is at least 2 years behind.  Even if the Fed thinks the US economy is bounding forward, there are very real consequences to a disconnect in interest rates around the world.   One important impact is on currency rates. Should central bankers work together more closely?