The monetary policy announcements from the Bank of England and Swiss National Bank are the major events due on Thursday. The Monetary Policy Committee of the BoE is expected to raise the benchmark rate for the seventh straight month. Markets expect at least a 50 basis-point rate hike after the U.S. Federal Reserve raised its key rate by 75 basis points on Wednesday. The BoE releases the monetary policy summary and the minutes at 7.00 am ET.
The Swiss National Bank is widely expected to lift its interest rate to positive territory today. The interest rate is likely to be raised by 75 basis points to -0.50 percent from -0.25 percent. The announcement is due at 3.30 am ET.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.