Dirhams & Dollars

Do you love monetary policy meetings and governmental summits? Of course you do. And that’s probably why you’re as excited as we are for the coming week, which features not one, but two central bank meetings to discuss interest rate hikes, and a meeting of the world’s leaders at the G20 summit in Argentina. First off, the US Federal Reserve board meets for the first time under the leadership of Jerome Powell, for what many expect will be an interest rate hike of 25 basis points. Next up, will the Bank of England follow suit and raise interest rates too? Lastly, what can we expect from the G20? Trade wars, actual wars, spy poisonings, cryptocurrencies, and economic partnerships are expected to define discussions when governments meet in Argentina.