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Central banks in the spotlight this week

Given that the ECB is set to raise interest rates by 25 bps and the BOJ is not likely to produce any surprises, the main focus will be on the Fed instead. And it doesn't come any bigger than a debate on whether policymakers will "skip" a meeting or push through with another 25 bps rate hike.The discourse is still unsettled and as mentioned last week here, it might go right down to the wire. The US CPI data on Tuesday (and PPI data on Wednesday to some extent) will be key barometers of market sen... Read More

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Posted: Jun 12 2023, 04:34

Author Name: forexlive

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