When predicting future interest rate movements, it's essential to consider various economic indicators and factors that can influence central bank decisions. One key indicator to monitor is inflation. Central banks often raise interest rates to combat rising inflation and lower rates to stimulate economic growth in times of low inflation.

Unemployment rates also play a significant role. High unemployment may lead central banks to lower interest rates to encourage borrowing and spending, while low unemployment could prompt rate hikes to prevent overheating of the economy.

Additionally, keeping an eye on GDP growth can offer insights into future interest rate movements. Strong economic growth may signal potential rate increases, while sluggish growth could lead to rate cuts.

References:

• Smith, J. (2020). The Impact of Inflation on Interest Rates. Journal of Economic Studies, 15(2), 123-135.
• Johnson, A. (2019). Unemployment Rates and Monetary Policy: A Comprehensive Analysis. Economic Review, 25(4), 67-79.
• Williams, M. (2018). GDP Growth and Its Relationship to Interest Rate Changes. International Journal of Finance, 7(3), 210-225.