Interest Rate Stability Amidst Economic Uncertainty

The Bank of England is not expected to raise interest rates despite the recent energy price spike. According to forecasts, the central bank will keep its monetary policy steady for now.

Meanwhile, the Bank of Japan is set to maintain its current interest rate on Friday but signal a potential for further hikes in the future. The economy faces inflationary pressures due to various factors, including the Middle East war and robust global AI demand.

The SNB (Swiss National Bank) is also expected to keep its interest rate at zero until the end of 2027 based on current forecasts for inflation and assuming no major new shocks. This means that the SNB will likely remain cautious in adjusting its monetary policy.