Bella
@soubella
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Several central banks have scheduled policy meetings during this week. Here are the key meetings to watch: 👀
Federal Reserve (Fed)
The Federal Open Market Committee (FOMC) is expected to announce its policy decision on Wednesday, December 18, 2024. The Fed is widely anticipated to cut the federal funds rate by 25 basis points, bringing it to approximately 4.3%. This would mark the third reduction this year, totaling a one percentage point decrease.
Bank of Japan (BoJ)
The BoJ is scheduled to announce its policy decision on Thursday, December 19, 2024. Expectations are for the BoJ to maintain its short-term interest rate at 0.25%, marking the fourth consecutive meeting with no change.
Bank of England (BoE)
The BoE is expected to announce its policy decision on Thursday, December 19, 2024. The Times shadow Monetary Policy Committee has voted 8-1 to keep the Bank of England's interest rate unchanged at 4.75%, citing the need to address upcoming inflationary pressures due to fiscal policies. 0 reply
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