PANews|Mar 16, 2026 00:04
[Analysis: 'Super Central Bank Week' Arrives Amid the Shadow of the Iran War Over Global Rate Decisions]
According to a report by Jintou, the *Financial Times* pointed out that this week marks the arrival of a 'Super Central Bank Week.' Although the interest rate decisions of these central banks are not expected to bring any major surprises, the policy guidance accompanying these decisions will be closely watched, given the ongoing conflict in the Middle East. The four major central banks—the Federal Reserve, the European Central Bank, the Bank of England, and the Bank of Japan—will successively announce their decisions on Thursday, Beijing time.
In addition, rate-setting meetings will also be held this week by central banks in Australia, Brazil, China, Canada, Indonesia, Sweden, and Switzerland. Except for the Reserve Bank of Australia, which may be an exception, other central banks are likely to keep rates unchanged. However, the Iran war has increased the likelihood of rate hikes later this year. The rate markets have responded hawkishly to the impending energy price shock; expectations for rate cuts by the Federal Reserve and the Bank of England have been erased, replaced by the possibility of rate hikes by the latter. Expectations for a rate hike by the European Central Bank this year have also risen further. Since the start of the war, the Bank of Japan's rate path has remained relatively unchanged.
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