LONDON, Jan 27 Reuters The U.S. Federal Reserve has kicked off 2022 with a clear message rates will rise to contain surging inflation.

Other central banks have already started the rates liftoff, and even dovish ones are starting to unwind the stimulus unleashed to protect their economies from the COVID19 pandemic.

Here39;s a look at where policymakers stand on the path out of pandemicera stimulus, in order of how hawkish they appear

1 NORWAY

Norway39;s central bank cemented its position as the most aggressive ratesetter in the developed world, raising rates in December after starting to tighten policy in September.

The bank last month took rates to 0.5 and at its January meeting it flagged a March rate hike.

2 NEW ZEALAND

New Zealand hiked rates in November for a second time to 0.75 and forecast they would reach 2.5 by 2023.

Annual consumer inflation hit a threedecade high in the fourth quarter, cementing expectations policy will be tightened at the Feb 23 central bank meeting.

3 BRITAIN

The Bank of England is expected to hike rates next week, after surprising markets with a rate rise in December.

Explaining its 15bps hike to 0.25, the BoE said inflation was likely to hit 6 in April triple its target and that more rate rises would probably be needed.

Markets price in a 90 chance of a Feb rate hike and anticipate four 25 basispoint rises by end2022.

4 UNITED STATES

The Federal Reserve on Wednesday signalled its intent to raise interest rates in March…