Analysis

On 19 March 2025, the Bank of Japan (BoJ) announced its March interest rate decision. In line with widespread market expectations, the central bank kept its policy rate unchanged at 0.5%.

On 20 March 2025, the Federal Reserve (Fed) will announce its interest rate decision for March. The market widely anticipates that the central bank will keep its policy rate unchanged, maintaining it within the range of 4.25%–4.5%. We align with this consensus outlook.

On 19 March 2025, the Bank of Japan (BoJ) will announce its March interest rate decision. The market widely expects the central bank to maintain its policy rate unchanged at 0.5%. We align with this consensus forecast.

TradingKey - Last week, the U.S. stock market extended its downward trend. The Dow Jones fell about 3.1%, marking its worst weekly performance since March 2023.

ORLANDO, Florida, March 13 (Reuters) - Every time a Wall Street selloff snowballs, fear of an avalanche revives talk of the "Fed put". The correction underway now is no different, but the bar for the central bank to provide the market a backstop is now likely a high one.

On 12 March 2025, the Bank of Canada (BoC) will announce its interest rate decision for March. The market widely anticipates a 25-basis-point rate cut, bringing the policy rate down to 2.75%. We concur with this consensus forecast.

Due to heightened uncertainty surrounding Trump’s tariff policies and the risk of renewed energy price surges, the ECB revised its forecasts for this year, lowering real GDP growth from 1.4% to 1.2% while raising inflation from 2.1% to 2.3%. This reflects the central bank’s dilemma in determining...

LONDON, March 7 (Reuters) - A tectonic shift in German fiscal policy has compounded uncertainty for traders trying to bet on how fast the European Central Bank will cut rates for the rest of the year, with a change to the bank's guidance on Thursday reinforcing that.

On 6 March 2025, the European Central Bank (ECB) will announce its March policy rate decision. The market widely anticipates a 25-basis-point rate cut, lowering the Deposit Facility Rate to 2.5%. We concur with this expectation.

The Bank of England’s recent interest rate cut and accompanying economic forecasts have prompted a flurry of conflicting views about where monetary policy is heading, raising the question of how BoE-watchers should "read" the committee’s actions in these uncertain times.

At the Fed's January monetary policy meeting, policymakers announced that they would keep interest rates unchanged and signaled that there were upside risks to the inflation outlook, meaning they would remain on hold. This decision may put pressure on risky assets such as U.S. stocks.

In line with market expectations and our forecasts, the RBA decided to cut interest rates by 25 basis points, reducing the policy rate from 4.35% to 4.1%. This marks the first rate cut since the end of the tightening cycle from May 2022 to November 2023.

On Tuesday, February 18, the Reserve Bank of Australia (RBA) will announce its interest rate decision for February. The market widely expects the RBA to cut rates by 25 basis points, lowering the policy rate to 4.1%. TradingKey Analyst Jason Tang agrees with this view.

A key measure of excess liquidity in the financial system is evaporating rapidly. Once it disappears, further reduction of the Federal Reserve's balance sheet - 'quantitative tightening' - could trigger a potentially worrying decline in bank reserves.

Central banks around the globe have plenty of room to keep cutting interest rates, and a limited "decoupling" from the U.S. Federal Reserve could continue as it pauses its own policy easing, according to policymakers and analysts.

At its February monetary policy meeting, the Bank of England (BoE) cut interest rates by 25 bps as expected but warned of a strong inflation rebound in 2025 while lowering its economic growth forecasts. Analysts are divided on whether this rate cut signals a hawkish or dovish stance.

As the US Federal Reserve (Fed) gears up for its first Federal Open Market Committee (FOMC) meeting of 2025 on 29 January, investors are closely watching for clues about the trajectory of interest rates. Here’s what you need to know about the key factors shaping this meeting and what to expect.

TradingKey - For influential global central banks, it’s rare to get two big meetings taking place at the same time. But that’s exactly what happened with the US Federal Reserve meeting on Tuesday to Wednesday overlapping with the two-day meeting of the Bank of Japan (BOJ) on Wednesday to Thursday.

TradingKey - Interest rates have been the big topic of discussion in global stock markets over the past 18 months and that’s not going to change any time soon. As usual, the discussion is centred around the US Federal Reserve – the world’s biggest central bank – and its Fed Funds rate

TradingKey - Global stock markets have climbed higher in 2024 and most investors will no doubt be happy with their returns had they stayed invested.