Fed, ECB and BoJ hold policy meetings within three days
- —Fed: rate at 3.75–4.00%, decision Oct 28, hold expected
- —ECB: deposit rate 2.50%, 70 of 73 economists expect no change
- —BoJ: rate at 1.25%, market sees a hike to 1.50% in December
- —Thursday brings US Q3 GDP and September PCE inflation data
Why it matters: The tone from the Fed and BoJ will drive the dollar and risk assets; a surprise BoJ hike already sent bitcoin below $50,000 in August 2024.
Source: Journal du Coin