CENTRAL BANK MONITORING II/2024

Part of the central banks under review, including the ECB, lowered their rates at their recent meetings, while others kept them unchanged. Japan abandoned negative interest rates. A review of the Bank of England’s forecasting process was completed. The Spotlight focuses on comparing the market outlooks for euro area interest rates with the ECB’s communications, in particular on the gap between them at the start of this year. In our Selected Speech, the Governor of the French BdF discusses the current decline in inflation and the question of the level at which interest rates are going to stabilize. Find the latest edition right here.