FOMC Interest Rate Decision: What To Expect? | Japan Ends Negative Rates

The FOMC's interest rate decision is eagerly awaited on March 20th, with all eyes on Fed Chair Jerome Powell's presser afterward. While no cuts are expected now, hopes for a June cut persist, despite inflation remaining above the Fed's target. Meanwhile, the Bank of Japan made a historic shift, ending eight years of negative interest rates and unconventional policies. In Pakistan, the central bank maintained its key rate at 22%, aligning with analyst expectations amid looming inflation risks. Moreover, the Bank of England is likely to keep interest rates unchanged, awaiting clearer signs of cooling pay growth and services inflation.

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