Investors can learn more about the US Federal Reserve’s decision to ease and how close Japan is to finally exiting negative interest rates as central banks set policy for nearly half the global economy.
This week features the world’s largest collection of decisions for 2024 so far, including judgments on the cost of borrowing for six of the 10 most traded currencies. The collective result may underline how monetary officials’ perception of inflation risks diverges markedly.
Most consequential will be the Federal Reserve’s decision on Wednesday, which may reveal whether still robust economic data gives Washington officials reason to scrap plans to cut rates – or whether their outlook for three cuts this year remains on track. The announcement by the Bank of Japan on Tuesday is also pivotal.