Analysis of Major Central Bank Decisions - BOJ, RBA, Fed, SNB, and BOE
Monday, 18 March 2024, 04:41
The central bank bonanza returns to town this week
The spotlight this week turns to major central policy decisions and there will be a handful of them. The heavyweights are all in action as we will be getting the BOJ, RBA, Fed, SNB, and BOE all on the agenda. That will make for a fun-filled week at the very least.
The One to Watch
- BOJ: Expected to end negative rates, possibly scrap yield curve control.
- USD/JPY: Hinges on US Treasury yields and BOJ's stance.
The Surprise Factor
- SNB: Potential for a rate cut, affecting Swiss franc and inflation.
- Impact: Balance between strengthening currency and slowing economy.
The Big Boss
- Fed: No rate change but focus on dot plots for future rate cut indicators.
- Powell: Press conference insights and indications for June move.
The Usual Suspects
- BOE, RBA: Expected to maintain status quo, early signs of looser policy decisions.
- Market Expectation: Minimal reaction signals good communication from central banks.
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.