Staying updated on central bank communications is key for traders, investors, and analysts looking to navigate the financial markets. Today’s schedule includes key interest rate decisions and speeches from influential policymakers. Here’s what to watch:

🔹 Iceland Rate Decision (8:30 AM GMT)

The Central Bank of Iceland is set to announce its latest interest rate decision. Given ongoing global inflation concerns and economic uncertainties, any adjustments or forward guidance from Iceland’s central bank could be significant for the krona and broader regional sentiment.

🔹 European Central Bank (ECB) – Philip Lane (2:00 PM GMT)

Philip Lane, the ECB’s Chief Economist, is scheduled to speak. As a key voice on monetary policy and economic outlook, his comments could provide insights into the ECB’s next moves—especially with inflation and growth dynamics in focus.

🔹 U.S. Federal Reserve Speakers

Several Federal Reserve officials are on the calendar today, offering multiple perspectives on monetary policy:

• Thomas Barkin (12:30 PM & 2:00 PM GMT) – As the President of the Richmond Fed, Barkin’s views on economic conditions and inflation trends will be closely monitored.
• Austan Goolsbee (7:30 PM GMT) – The Chicago Fed President has been vocal on policy shifts. Any hints about rate adjustments or economic outlook will be important.
• Michelle Bowman (8:00 PM GMT) – Bowman’s stance on interest rates, inflation, and banking regulations could influence market expectations for future Fed moves.

Central bank speeches and rate decisions can move markets, especially in forex, bonds, and equities. Traders should keep an eye on key statements, potential policy shifts, and market reactions.