Coverage of central bank decisions and monetary policy — Federal Reserve, ECB, BOJ, PBOC, BOE interest rate actions, quantitative policy, and economic guidance.
CME FedWatch is pricing a 20% June rate hike probability — up from 0% four weeks ago — as Brent settles at $112.19 and the 30-year Treasury yield approaches the 5% bond vigilante threshold.
The Fed voted 11–1 to hold and cut 2026 rate-cut projections to one. BOJ held at 0.75% with hawkish dissent. Markets now price 50bp of ECB hikes by year-end as the easing cycle ends.
Fed holds at 3.50–3.75%, ECB at 2.00% — dot plot and revised ECB forecasts will signal whether oil-driven inflation is temporary or structural. BoC, BoE, BoJ also decide this week.
The Federal Reserve holds at 3.50–3.75% as Brent tops $91. ECB projections due March 19 must navigate a 0.4–0.5pp inflation impact; BOJ weighs pausing its rate-hike cycle.