The next central bank decision will come from the Bank of Canada on March 6th with rate expected to be steady. Last night, BOJ Fukui retained a cautious tone on rates noting that CPI is likely to dip due to the fall in oil prices, already attempting to dissuade criticism for the current rate hike ahead of the Japan CPI release on March 1st. Analysts are now looking for the BOJ to hike rates again in August, or maybe September but definitely after the July Upper House elections.
For the latest central banker comments please go to our website at www.ifrmarkets.com. Look under "Forex Watch" then "Central Bank Summary."
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