Overview
  • The Federal Reserve is expected to cut rates this week, setting the scene for other central banks’ final policy meetings for 2025.
  • Swiss National Bank delivers policy update on Thursday, with the Bank of England and European Central Bank meeting Dec. 18.
  • The Bank of Japan follows on Dec. 19.

The arrival of December has heralded a shift in sentiment towards the Federal Reserve’s next move.

Just three weeks ago, the market did not view a rate cut in the final month of the year as a sure bet, with the drip feed of economic data and more hawkish sentiment from central bank officials pushing the implied probability of a rate reduction below 50%, according to the CME gauge.

Source: https://www.cnbc.com/2025/12/07/global-week-ahead-feds-december-decision-to-inform-worlds-central-banks.html