4 Major CBs to Hold Policy Meetings

Four of the world’s key central banks are going to hold policy meetings this week, including the Federal Reserve in the United States, which will be watched the most closely, portfolio reported.  The Fed is expected to raise rates by 25 basis points on Wednesday. The Bank of Japan is unlikely to modify monetary conditions, yet its guidance may change. It is almost 100% that the Bank of England will not make a move amidst the political turmoil, whereas the Swiss National Bank is expected to keep its current negative interest rate on hold.