Markets are in the thick of a busy week for central banks with decisions from the US Federal Reserve and Bank of England still to come after the Bank of Japan ended its experiment with negative interest rates. The Japanese central bank hiked rates for the first time in 18 years, bringing its key rate to 0.1 per cent. It also ended its policy of yield curve control.
The latest forecasts are expected to show higher growth and inflation for 2024, which might change the number of rate cuts policymakers expect this year. In December, the forecasts suggested that there would be 75bps of cuts in 2024. Michael Brown, senior research strategist at Pepperstone, said that the projections would be the most important aspect of the decision.
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SkyNews - 🏆 35. / 67 Read more »
Source: i newspaper - 🏆 8. / 89 Read more »
Source: i newspaper - 🏆 8. / 89 Read more »
Source: FT - 🏆 113. / 51 Read more »