Selected policy settings at issue cutoff

% nominal annual rate

01.883.752.5ECB deposit1.25BoJ call target3.75BoE Bank Rate0SNB policy
Different instruments, not a ranking of policy restraint. Decisions Sep 10, Sep 18, Sep 17 and Sep 24 respectively; BoJ effective Sep 24; ECB effective Sep 16.

Sources: [3] BoJ money-market guideline decision · 2026-09-18; [4] BoE September MPC summary and minutes · 2026-09-17; [5] SNB September monetary-policy assessment · 2026-09-24; [6] ECB September monetary-policy decision · 2026-09-10

This analysis examines the implications of the week’s verified reporting, the assumptions behind the financial measures and the developments to monitor next.

ORIGINAL ANALYSIS · MEMBER ACCESS

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