Fed
5.50%
Hold
Hawkish
ECB
4.25%
Cut
Moderately Dovish
BOE
4.75%
Hold
Neutral
BOJ
0.10%
Hold
Moderately Hawkish
Illustrative example — not live member data
Definition
What is Central Bank Policy Intelligence?
MacroDrivers Central Bank Policy Intelligence is a structured view of monetary policy across all eight major central banks — the Federal Reserve, ECB, Bank of England, Bank of Japan, Swiss National Bank, Bank of Canada, RBA and RBNZ. It tracks policy rates, current stance, latest decisions and upcoming meetings, then connects those policy differences to relative currency strength. Central-bank information is source-verified and structured before it reaches the platform.
Coverage
All Eight Major Central Banks
MacroDrivers covers the central banks behind all eight supported major currencies.
| Central Bank | Currency | Country / Region | Policy Instrument |
|---|---|---|---|
| Federal Reserve | USD | United States | Federal Funds Rate |
| European Central Bank | EUR | Euro Area | Deposit Facility Rate |
| Bank of England | GBP | United Kingdom | Bank Rate |
| Bank of Japan | JPY | Japan | Policy Rate |
| Swiss National Bank | CHF | Switzerland | Policy Rate |
| Bank of Canada | CAD | Canada | Overnight Rate |
| Reserve Bank of Australia | AUD | Australia | Cash Rate Target |
| Reserve Bank of New Zealand | NZD | New Zealand | Official Cash Rate |
What You See
Policy Rates, Stance, Decisions and Meetings
Policy Rates
Current verified policy rates for all eight central banks, including range-type rates with lower and upper bounds.
Current Stance
AI-assessed stance — from Hawkish to Dovish — based on the latest official statements and communications.
Latest Decisions
The most recent policy decision for each bank — maintained, raised or cut — with the previous setting for context.
Upcoming Meetings
Scheduled next-meeting dates for all eight central banks, so you can see what policy decisions are coming next.
Source-verified. Central-bank information is verified against official sources before it reaches the platform. MacroDrivers distinguishes verified data from data that is awaiting re-confirmation, so you always know the verification state of what you are looking at.
Common Questions
Central Bank Intelligence, Explained
How do interest rates affect FX?
Interest rates affect FX by influencing capital flows and the relative attractiveness of holding a currency. Higher rates tend to attract capital and support a currency; lower rates tend to do the opposite. But the relationship depends on context — expectations matter as much as the current rate. MacroDrivers structures both the current policy setting and the expected direction into its currency analysis.
Why do central-bank expectations move currencies?
Markets price currencies based on what they expect central banks to do next, not just what they have already done. When expectations shift — because of new data, commentary or communication — currencies move. MacroDrivers tracks the evolving stance and expected direction of all eight major central banks so you can see where policy expectations are heading.
What is central bank forex analysis?
Central bank forex analysis is the evaluation of how monetary policy differences between countries affect currency markets. MacroDrivers structures this by tracking policy rates, current stance, latest decisions, upcoming meetings and expected direction across all eight major central banks — then connecting those differences to relative currency strength.
How does MacroDrivers analyse central banks?
MacroDrivers tracks policy rates, current stance, latest decisions and upcoming meetings for all eight major central banks — the Federal Reserve, ECB, Bank of England, Bank of Japan, Swiss National Bank, Bank of Canada, RBA and RBNZ. Central-bank information is source-verified and structured before it reaches the platform, so every member sees the same consistent policy picture.
Central Bank Intelligence
See Policy Differences That Drive Currencies
Central Bank Policy Intelligence is a premium feature. Start free with EUR and USD currency intelligence, then upgrade to unlock all 8 central banks, full pair intelligence and the complete platform.