This week, from 26 October to 1 November 2026, several major central banks will announce their decisions on key rates. The calendar includes meetings of the Reserve Bank of New Zealand, the Bank of Thailand, the Bank of Canada, the Federal Reserve, the European Central Bank and the Bank of Japan.
According to the published calendar, the Fed will hold its meeting on 28 October, the ECB on 29 October, and the Bank of Japan on 30 October. These three events fall on three consecutive days and attract particular attention from the markets.
Consensus forecasts ahead of the meetings point to a likely pause in policy tightening. For the Fed the forecast is 4,05% versus the current 4%, for the ECB 2,55% versus 2,50%, and for the Bank of Japan 1,20% versus 1,25%. Similar expectations apply to the other participants in this week.
Earlier, in September, the Fed, the ECB and the Bank of Japan had already raised rates by 25 basis points. Attention is now focused on how durable the signals of inflation and growth will prove to be.
The decisions of these banks affect borrowing costs around the world and the movement of exchange rates. How will the markets react to the outcome of three consecutive days?
The calendar is compiled on the basis of the central banks' official schedules and covers the period up to 31 October 2026. Further dates will be updated as new schedules are published.
