The world’s major central banks are set to announce interest rate decisions this week, drawing attention from investors bracing for the final stretch of monetary policy in 2024.
The US Federal Reserve (Fed) is expected to cut interest rates by a quarter point, while Japan and Sweden are also poised to make changes. In contrast, the Bank of England is likely to keep borrowing costs unchanged due to concerns about inflation and trade policies.
Central banks across the globe will draw attention this week, including those in Canada, Australia, India, China, Thailand, Indonesia, Philippines, South Korea, New Zealand, Hungary, Czech Republic, Norway, Russia, Israel, Nigeria, and many others.
These decisions come amid uncertainty over the incoming administration of Donald Trump and its potential impact on monetary policy. Policymakers are weighing up differing risks in 2025 and trying to balance economic growth with inflation control.
Investors are keeping a close eye on these announcements, as they set borrowing costs and influence the global economy.
Source: https://economictimes.indiatimes.com/news/international/world-news/investors-bracing-for-24-hours-of-big-decisions-from-us-to-asia-and-beyond/articleshow/116337886.cms?from=mdr