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MNI GLOBAL WEEK AHEAD - EM Rate Decisions and Jackson Hole

The week ahead is headlined by EM Rate Decisions and Jackson Hole.

Developed Markets

MNI (LONDON) - Tuesday - Riksbank Rate Decision

The Riksbank is widely expected to deliver its second interest rate cut of 2024 at its August meeting, bringing the policy rate to 3.50%. The June decision was more dovish than expected, with the revised rate path indicating a relatively high probability of a cut in August, and the policy guidance opening the door to two or three rate cuts in the second half of 2024 (versus guidance of just two cuts at the May decision).

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Developed Markets

MNI (LONDON) - Tuesday - Riksbank Rate Decision

The Riksbank is widely expected to deliver its second interest rate cut of 2024 at its August meeting, bringing the policy rate to 3.50%. The June decision was more dovish than expected, with the revised rate path indicating a relatively high probability of a cut in August, and the policy guidance opening the door to two or three rate cuts in the second half of 2024 (versus guidance of just two cuts at the May decision).

Keep reading...Show less