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Week Ahead – Crucial ECB and BoJ decisions on the menu
A central bank extravaganza lies ahead. The show will kick off with the Bank of Canada meeting, where markets expect another rate increase but are split on the size. Meanwhile in Europe, a triple-barreled hike by the ECB is already locked in, putting the emphasis on the press conference. Finally, the Bank of Japan is unlikely to throw a life jacket to the sinking yen. With inflation running around 10%, the European Central Bank is widely expected to roll out another ‘turbo’ rate increase on Thursday. Markets have priced in a three-quarter-point boost to rates, after a swathe of ECB officials put their weight ...
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- Oct 22, 2022 11:32am Oct 22, 2022 11:32am
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- Posted: Oct 22, 2022 5:45am
- Submitted by:Category: Fundamental AnalysisComments: 2 / Views: 2,609
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