The Federal Reserve, European Central Bank, and Bank of Canada are set to announce their interest rate decisions next week. The Fed is expected to hold rates steady, while the ECB and BoC are likely to cut. US economic data, including GDP and inflation, will also be closely watched.
Three central bank decisions awaited as tariff reality sets in Fed set to go on pause, ECB and BoC to likely cut again But US GDP and PCE inflation could steal the limelight Australian CPI and China PMIs also on tap Fed to pause rate cuts as Trump 2.0 begins The central bank agenda will be jam-packed next week as the first round of policy meetings of 2025 heats up.
This hasn’t provided much of a reprieve to the Canadian dollar, which is languishing near five-year lows against its US counterpart. Even if the BoC were to indicate that its rate-cutting cycle is nearing the end, political uncertainty following the resignation of Prime Minister Justin Trudeau and the threat of 25% tariffs on all Canadian imports into the US by Trump are hanging over the economy.
FED ECB BOC INTEREST RATES TARIFFS US ECONOMY INFLATION
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