Focus on ECB rate decision
- - Speakers - Swiss SECO March Economic Forecasts maintained its 2021 GDP growth forecast at 3.0% while raising the 2022 GDP growth from 3.1% to 3.3%. Raised 2021 CPI from 0.1% to 0.4% and raised the 2022 CPI from 0.3% to 0.4% - - BOJ might tweak a three-tier deposit system at next week's policy review to exempt a larger portion of reserves from negative interest rates (**Note: move would aim to mitigate the pain negative rates inflict on financial institutions' profits). To debate whether 10-year JGB yields should be allowed to move flexibly around the 0% target - China Premier Li Keq...
Source: fxstreet.com