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What are the expectations ahead of the major central bank decisions this week?

What are the expectations ahead of the major central bank decisions this week?
The three main central bank policy decisions to watch this week will be the Fed (Wednesday), ECB (Thursday), and BOJ (Friday). So, what are markets expecting and is there any room for surprises to follow?Fed funds futures are showing a near 100% pricing for a 25 bps rate hike as seen hereMoney markets are also pricing in a near 100% pricing (99.8%) for the ECB to raise rates by 25 bpsAfter Ueda tempered with market expectations, the view now is that the BOJ isn't going to tweak policySo, among a... Read More
Posted: Jul 24 2023, 06:43
Author Name: forexlive
Views: 080836

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