Fed, Bank of Japan and economic data set pivotal week for markets

Sep 11, 2026 15:54 (42d ago)

The Federal Reserve, Bank of England and Bank of Japan are scheduled to announce policy decisions during a week also featuring major U.S. economic releases.
Markets assign nearly 90% odds to a U.S. rate hike and 98% odds that the Bank of Japan will raise its policy rate to 1.25%.
U.S. retail sales, housing, jobless claims, industrial production and leading indicators will provide additional evidence on demand and monetary-policy paths.

Global markets face a pivotal week as the Federal Reserve, Bank of England and Bank of Japan prepare policy decisions alongside U.S. retail sales, housing, employment and industrial data. The Fed is scheduled to meet September 15–16, while the Bank of Japan is due to meet September 17–18; market pricing assigns nearly 90% odds to a U.S. hike and 98% odds that Japan will raise its policy rate from 1.0% to 1.25%. Persistent inflation, higher oil prices, rising Treasury yields, fiscal concerns and mortgage costs are adding to policy uncertainty.