It’s decision time for central banks on interest rates again. The US Federal Reserve and European Central Bank (ECB) are set to announce their latest decisions on Wednesday 14, while the Bank of England (BoE) will go a day later.
After years of ultra-loose monetary policies, the Fed in particular has been aggressively raising interest rates during 2022 to counteract the inflation surge. All three central banks increased their benchmark rates by 0.75 points at their meetings in late October/early November.
Base rates in US, UK and eurozone
