This week two key decisions. Central banks are convening meetings
In September, the Federal Reserve raised its benchmark interest rate by 25 basis points to a range of 3.75-4%. The European Central Bank also increased its refinancing rate to 2.65%. The Fed's decision is influenced by rising U.S. Treasury yields and disappointing employment data, which may deter further tightening. Economists expect the Fed to maintain a cautious approach, with potential rate changes anticipated in December. The ECB is expected to announce its decision on interest rates, likely unanimously, while addressing inflation pressures and economic growth. The situation in France regarding bond yields may prompt discussions on monetary policy transmission.