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Central bank policy decisions in focus this week
The two big ones to watch this week are the RBA (tomorrow) and the BOC (Wednesday). Both major central banks are expected to keep their respective policy rates unchanged at 4.10% and 5.00% respectively.For the RBA, this will be Philip Lowe's last policy meeting as governor before handing over the post to Michele Bullock from September onwards. The latest developments and language guidance have steered markets accordingly to not expect a rate hike for tomorrow. The odds priced in are ~99% for no...
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Posted: Sep 4 2023, 10:12
Author Name: forexlive
Views: 111684