Eco Week Ahead
Fed Readies Another Rate Hike in Pivotal Week for Central Banks
- ECB tightening may be overshadowed by hints on September plan
- BOJ likely to see little need to act on yield control
Jerome Powell
Photographer: Nathan Howard/BloombergThis article is for subscribers only.
The world’s major central banks meet in the coming week to set monetary policy amid continued signs that the worst inflation crisis in decades is easing.
While the Federal Reserve and European Central Bank are each expected to raise interest rates by 25 basis points, the greater focus will be on signaling from policy makers on whether more hikes are likely — or if they plan an extended pause.