Central Banks Prepare for Rate Decisions Amid Geopolitical Risks

Major central banks worldwide are set to announce their monetary policy decisions in September amidst ongoing geopolitical risks and uncertainties about global inflation and growth.

The Fed, European Central Bank (ECB), and Bank of Japan's (BoJ) meetings will be closely watched as markets await forward guidance on interest rates.

Forecasts for rate cuts have been replaced by hawkish projections following the energy shocks sparked by the US-Israel-Iran tensions in February.

The Fed is expected to maintain its policy rate next month, with a 63% probability of no change, while expectations of a single rate hike by year-end remain strong.