Upcoming Central Bank Meetings to Shape Global Outlook
Moderate inflation data + rising unemployment claims have increased chances of a 25 bps Fed rate cut in September.
U.S. consumer confidence just hit its lowest since May.
Long-term inflation expectations have now risen two months in a row.
Markets may pay more attention to President Trump’s press conference and the Fed’s new dot plot than the cut itself.
Key Events Next Week (UTC+8):
Wed 21:45 – Bank of Canada rate decision
Thu 02:00 – U.S. Fed FOMC: rate decision + economic projections
Thu 02:30 – Powell’s press conference
Thu 19:00 – Bank of England: rate decision + minutes
Fri (TBD) – Bank of Japan rate decision
Fri 14:30 – BOJ Gov. Ueda press conference
With four major central banks in play, global markets are bracing for big moves in FX, bonds, stocks, and crypto.
#fomc #CentralBanks #interestrates #GlobalMarkets #CryptoMacro