More than half of the major G10 central banks have announced their latest policy decisions in the past couple of weeks. The Bank of Canada abruptly ended its quantitative easing programme, much sooner than the market expected. The Reserve Bank of Australia held policy steady, although indicated that it could raise rates sooner than it had previously outlined. While Norges Bank indicated that it was on course for its second pandemic era rate increase at its December meeting.
We’re going to focus on the latest policy announcements from the European Central Bank, Federal Reserve, and Bank of England, which have all met since our last podcast episode.