FINRATEX CENTRAL BANK DESK

Seven central banks.
One policy map.

Follow the institutions that shape rates, currencies, bonds, equities and commodities. Move directly from each bank to its official decisions and calendar.

OPEN ECONOMIC CALENDAR7 institutions4 transmission channels
03ECBEuro area

European Central Bank

MANDATE
Price stability through a 2% inflation target over the medium term
WATCH
Deposit rate, growth-inflation projections and asset portfolios
04BOEUnited Kingdom

Bank of England

MANDATE
Price stability and support for growth and employment objectives
WATCH
Bank Rate, committee vote split and Monetary Policy Report
06SNBSwitzerland

Swiss National Bank

MANDATE
Price stability while taking economic developments into account
WATCH
Policy rate, inflation forecast and FX-market communication
MARKET TRANSMISSION

A rate decision is only the first line.

Markets compare the decision with expectations, then reprice the path ahead.

01

Bonds and rates

The gap between the decision and expectations moves short- and long-term yields.

02

Currencies

Relative rate paths, capital flows and risk premia work together in FX.

03

Equities

Discount rates, credit conditions and growth affect sectors differently.

04

Gold and commodities

The dollar, real yields, growth and safe-haven demand shape pricing.

READ A POLICY DAY

Decision, statement, projections, reaction

  1. 01Compare the decision with market expectations.
  2. 02Read what changed in the statement.
  3. 03Check projections, vote split and guidance.
  4. 04Compare FX, bonds, equities and gold together.
Read the central-bank guide Cross-Asset Lab →