Markets

Markets preview: Central banks take centre stage

Federal Reserve and Bank of England are unlikely to announce rate cuts this week - but markets will be keeping a close eye for clues on future direction

The Federal Reserve and the Bank of England will be announcing interest rate decisions this week

Central banks will determine market movements this week as they announce their decisions on interest rates and give hints for their future policy paths.

Bank of Japan kicked off the central bank agenda on Tuesday as it ended the last negative interest rate in the world with its first rate hike in 17 years.

However, global markets are most concerned with the potential reduction of rates.

Expectations are low for this week’s decisions from the ...