Fed, ECB, and Bank of Japan prepare simultaneous rate hikes: first signal in years

The world's three largest central banks — the Federal Reserve, European Central Bank, and Bank of Japan — are preparing to tighten monetary policy simultaneously, something that has not happened since 2006. The ECB has already raised its deposit rate by 25 basis points to 2.5 percent; decisions from the Fed and BOJ are expected within days. Such a move could shake global stock, bond, and cryptocurrency markets.

Similar stories

📈 Business Fed rate hike odds rise to 70 percent CNBC · 4d ago 📈 Business Lagarde: elevated inflation in eurozone will not disappear quickly Business Insider Polska · 2d ago 📈 Business American inflation expectations fall, offering market relief Puls Biznesu · 6d ago