Key Events: ECB and BOC Policy Meetings Analysis
Wednesday, 6 March 2024, 05:08
Insights on ECB and BOC Meetings
Central banks take the spotlight this week with the ECB and BOC policy meetings. Lagarde's press conference holds the key to potential future moves, while traders anticipate a rate cut shift to June.
Expectations for ECB Meeting
- Rate Cut Odds: Traders expect no rate cut in March (~5% probability).
- Language on April Move: Watch for signals on potential April rate decision.
- Forward Guidance: Little change anticipated in statement and guidance.
Other Central Bank Events
- Fed Chair Powell Testimony: Scheduled in Congress for insights.
- US Non-Farm Payrolls: Data release on Friday to impact markets.
Stay tuned for market dynamics in the second half of the week.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.