Fed officials have largely agreed that an aggressive response by the central bank has helped cushion the economy from the shock caused by the coronavirus crisis. But they also have said a recovery won’t be swift.

The Reserve Bank of Australia left its policy settings unchanged at a board meeting Tuesday, signaling that while the outlook appears a little more encouraging, great uncertainty will hang over the economy for some time yet.

The world’s low-income and emerging market economies will likely remain deeply damaged even five years after the coronavirus pandemic and associated lockdowns began, according to a new study from the World Bank.