• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Fed, ECB and Bank of Japan decide rates within 72 hours, with markets watching December and 2027

FinanceInternationalFinect45 s readAI summary
Image: Finect

Investors face three monetary policy decisions within 72 hours: the Fed on Wednesday 28, the ECB on Thursday 29 and the Bank of Japan on Friday 30. Consensus assumes none will touch rates, with the Fed at 3.75%-4.00% and the ECB deposit facility at 2.50%. The focus will be on whether Warsh and Lagarde leave the door open to December and on the two additional hikes the market discounts for 2027, with Brent at six-month highs.

In 45 seconds

  • The Fed decides on Wednesday 28 with rates at 3.75%-4.00%; Renta 4 expects a pause and sees a 75% probability of a hike on December 9
  • The ECB announces on Thursday 29 with the deposit facility at 2.50%; Renta 4 considers the two hikes the market discounts for 2027 excessive
  • The Bank of Japan closes the round on Friday 30 with its benchmark rate at 1.25%
Read the full story at Finect

IASummary generated by artificial intelligence from a story by Finect. It may contain errors: the original source prevails.

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