Money Minute Monday 9 December: a big week for central banks

published 9 December 2019

It's a big week for central banks.On Wednesday, we get the latest move from the Federal Reserve. The US central bank is expected to keep rates where they are for now.Then on Thursday, we get the first rate decision from the European Central Bank since Christine Lagarde took over as governor.She is conducting a wide-ranging review into the role of the central bank.

Elsewhere, on Friday, we get the latest quarterly Tankan surveys from Japan.These look at business conditions across both the manufacturing and the services sectors.They are likely to show that Japanese business activity slowed during the fourth quarter.However, more recent monthly data has hinted at an upturn in global manufacturing, so as research consultancy Capital Economics suggests, this quarter could mark the trough for Japanese business confidence before a recovery in 2020.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free

https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.

Money Minute Monday 9 December: a big week for central banks

Subscribe to MoneyWeek

Sign up to Money Morning

Useful links

Subscribe

MoneyWeek

Most Popular