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Week Ahead: BoE takes the central bank torch, US CPI data also in focus

May 05, 2023 XM.com
Global Market Insights - Forex, Futures, Stocks
Week Ahead: BoE takes the central bank torch, US CPI data also in focus
Show Notes

Following the FOMC and ECB decisions last week, the central bank torch will now be passed to the BoE, which will deliver its decision on Thursday. A 25bps hike is mostly priced in, so the spotlight will fall on clues and hints on how officials are planning to move forward. The US CPIs will also attract special attention as investors are trying to figure out whether the Fed will pause or hike once more in June.

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