A look at the day ahead in European and global markets from Gregor Stuart Hunter

Sure enough, you wait ages for a central bank meeting, and then they come along all at once.

Okay, yes, fine, we had the ECB last week. But this week sees the U.S. Federal Reserve, the Bank of England, the Bank of Japan and a host of other central banks from Toronto to Taipei deciding on interest rates.

The Fed holds its latest policy meeting with a historic challenge to its leadership pending in the courts and a rushed effort underway to confirm President Donald Trump’s nominee to fill an open seat on its Board of Governors, which should provide some resolution to questions over the central bank’s independence that have bubbled throughout the summer.

Markets are fully pricing in a 25-basis-point-cut on We

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