Western economies concentrated on the beauty of interest or pushing the second round of quantitative easing measures

The latest interest rate decisions will be announced by central banks in the United States, Britain, the eurozone and Japan and other major western economies in the 33-hour period starting 2:15 A.M. 3rd. Japan's fight against deflation is widely expected, and the Fed will announce a new round of quantitative easing at a conference held at the end of Wednesday. The market expects the Fed to buy $800.1 trillion trillion of assets a month to bolster the sluggish economy under the new plan.　　Dudley, president of the Federal Reserve Bank of New York, said the effect of buying 500 billion-dollar bonds would likely be tantamount to a 0.5%-0.75% per cent reduction in the federal funds rate. The BoJ, which just announced a rate cut earlier last month, may take action on the Fed's policy. Shirakawa, governor of the BoJ, reiterated last week that the BoJ might consider expanding its asset purchase plan to a scale of 5 trillion trillion yen if the economy worsens.　　It also plans to buy index-stock funds and REITs to continue to fight deflation. Britain may be sitting on the statistics released by the National Bureau of Statistics last week showed that the country's third-quarter gross domestic product grew by 0.8% on a month-on-month basis, up 2.8% per cent year-on-year. In addition, Standard Poole, an international rating company, last week adjusted the UK rating outlook to a stable, rating of "AAA", after the company's outlook on the UK was negative.　　All this has led to market expectations that the Bank of England is less likely to adopt further easing policies.　　Market participants expect that the Bank of England is unlikely to take abrupt steps at the Thursday conference. In addition, the European Union statistics released October 29, the euro zone September unemployment rate unexpectedly rose to 10.1%, and the eurozone October inflation rate unexpectedly rose 1.9%, the biggest increase in two years.　　But since the data is still in line with the ECB's goal of keeping inflation below 2% in the medium term, it is widely expected that the ECB will maintain its benchmark interest rate unchanged in Thursday. The Australian Federal Reserve Bank decided to raise interest rates again yesterday, raising the benchmark interest rate from 4.5% to 4.75%, according to a 0 news report. The Australian central Bank has raised interest rates for the seventh time since last October and has raised interest rates for the first time in 6 months.　　The move is a surprise to most economists. The central Bank of India yesterday also announced an increase of 25 basis points for both repo rates and reverse repo rates.　　The central bank's interest rate hike is in line with previous market expectations, the sixth time the RBI has raised interest rates this year. According to Xinhua