Seven central banks will announce interest rate decisions next week, with the schedule concentrated from March 17 to 19.

BTC-1,56%

Gate News reports that on March 11, CoinDesk announced that seven major central banks, including the Federal Reserve, will release interest rate decisions next week. The schedule is as follows: March 17 for the Reserve Bank of Australia, March 18 for the Bank of Canada and the Federal Reserve, March 19 for the Bank of Japan, Swiss National Bank, and European Central Bank. Meanwhile, conflicts in the Middle East have caused oil prices to surge, raising concerns about global inflation. Traders are reassessing rate cut expectations, as the market previously anticipated that major central banks would gradually lower interest rates. Historical data shows that policy decisions by the Federal Reserve and the Bank of Japan have had a significant impact on Bitcoin prices.

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