What are Central Banks Expected to do in 2012?
The New Year has begun and it is important to see what the market is pricing in for central banks this year. As you may know, central bank rate hike expectations change often but as of last week, most central banks are expected to keep monetary policy unchanged in the coming year but one is expected to ease aggressively. Find out who below!
Federal Reserve -- No Changes in 2012
European Central Bank -- Possible 25bp Cut before Year End
Bank of England -- No Changes in 2012
Bank of Canada -- No Changes in 2012
Reserve Bank of Australia -- Aggressive Rate Cuts this Year, 25bp by March!
Reserve Bank of New Zealand -- No Changes in 2012
And here are the details!