Focus - Central bank calendar for 2023

Central banks are expected to keep the door open for a few more rate hikes in 2023. We look for the Fed, and other major central banks, to pause their rate hike cycle next year, but probably not pivot to lower rates for some time. The BoJ is seen as starting to withdraw their stimulus as the expanded trading band for JGB yields (+/- 50 bp from zero) suggests. To read more please subscribe.