Home » Central banks dominate the scene: next triptych meetings of the ECB, Fed and BoE

Central banks dominate the scene: next triptych meetings of the ECB, Fed and BoE

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Central banks will dominate the scene over the next week. The Fed’s decision is expected on Wednesday which, according to market expectations, should accelerate the pace of tapering, while on Thursday there will be the ECB meeting which will decide on the post-PEPP expected to end in March and finally that of the BoE (expected to leave rates unchanged after the latest macro data and pending developments on the Covid front). “The Fed and the ECB are also expected to provide the new growth and inflation estimates (up to 2024 for the ECB) with an upward revision of the latter”, signal the strategists of Mps Capital Services, presenting the market movers of the next eighth. “With regard to the Fed, it will also be interesting to see how the new point cloud will evolve to assess the rate hike path in the coming years drawn by the median of Fed members’ expectations”, add the experts.

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