7 days, 4 major central bank decisions (BoJ, Federal Reserve, European Central Bank, BoC)

Several major central banks have scheduled monetary policy meetings before the end of January 2025:

• Bank of Japan (BoJ): The BoJ’s Monetary Policy Meeting is set for January 23-24, 2025.

• Federal Reserve (Fed): The Federal Open Market Committee (FOMC) will meet on January 28-29, 2025.

• European Central Bank (ECB): The ECB’s Governing Council is scheduled to meet on January 30, 2025.

• Bank of Canada (BoC): The BoC is expected to announce its interest rate decision on January 29, 2025.

Expectations are, respectively:

• Bank of Japan rate hike
• Federal Reserve on hold
• European Central Bank rate cut’
• Bank of Canada rate cut

This article was written by Eamonn Sheridan at www.forexlive.com.