Central banks from Washington to Tokyo will take centre stage next week, although policy makers are likely to remain cautious as they wait for the dust to settle from Britain’s shock vote to leave the EU. As they wait for political reassurances and greater clarity over the likely impact of the move, central banks have mostly avoided action since Brexit, calming jittery markets with verbal assurances but leaving the burden on governments to chart a path.. Indeed, the US Federal Reserve is all but certain to keep interest rates on hold on Wednesday, acknowledging improved economic prospects but offering few hints about its next move, keen to avoid repeating its past mistake of stoking rate hike expectations.
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