S&P Global Market Intelligence Expects Rate Hikes from Fed, ECB and BoJ
According to S&P Global Market Intelligence forecasts, the Fed, ECB and the Bank of Japan could implement a 25 basis point rate hike before the year ends.
In line with forecasts published by S&P Global Market Intelligence, it is projected that the Federal Reserve (Fed), the European Central Bank (ECB) and the Bank of Japan (BoJ) may increase interest rates by 25 basis points by the end of the year.
According to expectations shared by S&P Global Market Intelligence, global central banks are expected to turn toward interest rate hikes before the year ends. Within the scope of the projections, the Fed's policy rate is expected to rise to the range of 4.00 to 4.25 percent, while the ECB's deposit rate is projected to be raised from the 2.50 percent level to 2.75 percent.
On the other hand, the Bank of Japan (BoJ) is expected to raise its interest rate to the 1.75 percent level in December. S&P also forecasts that the ECB could proceed with a 25 basis point rate hike at its October 29 meeting.
Sources
- apara.com.tr · Link