Markets are watching closely today as a lineup of central bank events promises to bring fresh insights and potential market-moving headlines. Here’s what’s on the radar:

1:30 PM – Fed Speakers: Bostic & Cook

Federal Reserve officials Raphael Bostic and Lisa Cook are scheduled to speak this afternoon. With U.S. inflation still a focal point for policymakers, any comments on rate paths, economic outlooks, or financial conditions will be dissected by traders and analysts alike. Expect heightened attention on any forward guidance or signals regarding potential rate cuts later in the year.

2:45 PM – Bank of Canada Rate Decision

The Bank of Canada will deliver its latest interest rate decision at 2:45 PM. Markets are split on whether a rate cut could be on the table today. With Canada’s recent economic data showing signs of cooling, investors are eager to see how Governor Tiff Macklem and his team interpret the macro landscape.

3:30 PM – BoC Press Conference: Governor Macklem

Following the rate decision, BoC Governor Tiff Macklem will hold a press conference. Expect a deeper dive into the Bank’s thinking and forward guidance. Macklem’s tone will be key: is today’s move (or lack thereof) a one-off, or part of a broader policy shift?

7:00 PM – Fed Beige Book

The Federal Reserve’s Beige Book will be released this evening, offering a regional snapshot of U.S. economic conditions. This anecdotal report, compiled ahead of the next FOMC meeting, provides insight into labor markets, consumer spending, inflation pressures, and business sentiment across the 12 Fed districts.

With central bankers from both sides of the Atlantic set to speak and a key rate decision on deck, markets could see increased volatility. Whether you’re a trader, economist, or simply a policy watcher, today’s developments are worth your attention.