NAB News: Global Interest Rate Decisions: A Week of Central Bank Action (or Inaction) - 8th Apr 2024, 3:31am

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Still, this week promises to be interesting for global monetary policy, as traders and investors will be looking for clues on when interest rates might be going down.

As expected in our previous article, the Swiss National Bank (SNB) and the Bank of Japan (BoJ) were the first central banks to decide to make a major change to their monetary policy trajectory.

In a historic move on March 19th, 2024, the Bank of Japan (BOJ) bid farewell to the world’s only negative interest rate policy. This...

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