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Five Central Banks Will Discuss Interest Rates This Week

On Thursday (16th), the Fed was the first to announce the results of the interest rate meeting in the early hours of the morning local time. On the same day, the Bank of England, the European Central Bank and the Swiss National Bank will also discuss interest rates separately. On Friday, the Bank of Japan will discuss interest rates. As for the important point, of course, the interest rate meeting of the Federal Reserve, the European Central Bank and the Bank of England cannot be separated. In the face of the high domestic inflation rate of 6.8%, it is almost certain that the Fed will accelerate its monetary policy tightening. In fact, the same situation also occurred in Europe. The latest October production price index in the Eurozone also rose by 21.9%, putting pressure on the European Central Bank to tighten. As for the Bank of England, due to the severe local epidemic, the chance of raising interest rates this week is expected to decrease, but it is also worthy of attention.
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