J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty 
Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027 
RBA Raises Cash Rate to 4.10% in Closest Vote Since Transparent Voting Began 
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
Bank of Japan Unveils New Inflation Gauge to Support Case for Future Rate Hikes 
RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts 
Lots of economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data and events so far:
- New Zealand: Credit card spending up 7 percent y/y in February.
Upcoming:
- United Kingdom: ILO unemployment report will be published at 9:30 GMT. CBI will release industrial order survey report at 11:00 GMT.
- United States: MBA mortgage applications report will be published at 11:00 GMT, followed by current account balance report for the fourth quarter at 12:30 GMT and existing home sales report at 14:00 GMT. EIA will release weekly inventory report at 14:30 GMT. Fed will announce monetary policy at 18:00 GMT, followed by the press conference at 18:30 GMT.
- Switzerland: SNB will release quarterly bulletin at 14:00 GMT.
- New Zealand: RBNZ will announce interest rate decision at 20:00 GMT.
