Central Bank Super Week: Fed Decides 28 October After September Hike, BoJ Follows on 30 October
The US Federal Reserve announces its policy decision on 28 October at 11:30 PM IST, with the funds rate at 3.75–4.00% after a 25 bps hike in September. The ECB and Bank of Japan also decide this week, with the BoJ call due 30 October. Indian equity, rupee, gold and crypto markets track all three.
Nictick #2026-0074297 characters
Nictick — educational context
Three major central banks deciding inside one week is uncommon. Historically, higher US rates and a firmer dollar have coincided with foreign outflows from Indian equities, rupee weakness and imported inflation concerns for the RBI. Past BoJ hikes have coincided with unwinding of yen-funded trades.