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ECB's Kazimir: One inflation figures not sufficient to slow rate hikes

ECB's Kazimir: One inflation figures not sufficient to slow rate hikes

ECB Kazimir is saying:

  • One inflation figure is not sufficient to slow rate hikes
  • There are many reasons to keep tightening in December
  • Any European recession will most likely be brief

The EURUSD moved higher in early US trading after the better productivity data productivity has been on the decline in the US but rebounded in the last quarter as labor costs were less.

The EURUSD is still above its 100 hour moving average 1.05093. Staying above that... Read More

Posted: Dec 7 2022, 14:28
Author Name: forexlive
Views: 110647

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