A summary of the most interesting economic events from the trading week of 19 - 25 September 2022

The last trading week was marked by central banks, whose actions brought some volatility back to the market.

Let's see together what is worth remembering.

GBP

As expected, the Bank of England raised its main interest rate by 50 basis points at its monetary policy meeting on Thursday.

USD

On Wednesday, we focused our attention on the most important event of the week. The Fed raised the key interest rate as expected to 3.25 %.

CAD

The Canadian inflation rate shows us a slight cooling after the interest rate hike.

JPY

The Bank of Japan left its key interest rate unchanged on Thursday.

CHF

At its meeting on Thursday, the Swiss National Bank raised its key interest rate by 75 basis points.

And what's in store for the current trading week?

The current trading week will be much poorer on fundamentals.

On Tuesday, we will focus our attention on the speech by Fed chief Jerome Powell, which will come at 13:30.

Throughout the week, we will also be able to observe a few speeches by central bankers (ECB, FOMC, RBNZ and BOJ).

Sources:

https://www.investing.com

https://www.forexlive.com

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