As expectations grow that the US Federal Reserve and Bank of Japan are becoming more likely to raise interest rates, the G7 central banks, including the Bank of England, may adopt a more hawkish stance, bringing a critical juncture this week.
Expectations are growing that the US Federal Reserve and Bank of Japan will be more likely to raise interest rates against a backdrop of rising inflation risks. The focus is on whether other G7 central banks will make similar moves.
Meetings and announcements by major central banks, including the FRB and Bank of Japan, are scheduled for this week, drawing investors’ attention to the interest-rate outlook and the direction of monetary policy.