Central Banks Take Center Stage in 'Super Week' Interest Rate Decisions
This week marks a significant event in global capital markets as it's set to be a 'super central bank week.'
The Federal Reserve, Bank of Japan, and Bank of England will all hold their policy meetings.
The Federal Reserve is expected to announce its latest interest rate decision on Thursday, with the market anticipating that it will 'hold steady' and keep the federal funds rate target range unchanged at 3.50% to 3.75%.
The Bank of England will also release its rate decision this Thursday, with expectations pointing towards keeping the current interest rate at 3.75% unchanged.
In contrast, the Bank of Japan is expected to announce on Friday that it will keep its interest rate unchanged at 1%.