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Lagarde Q&A: We are not at the destination, a hike in July is likely

Lagarde Q&A: We are not at the destination, a hike in July is likely
We're not thinking about pausingAre we done? NoWe need to be confident that core inflation is heading downWe are not satisfied with the inflation outlookI don't want to comment about the terminal rate. We will know when we get thereUnless there is a material change, we will hike in JulyVery broad consensus behind decisionUnder current parameters, 2.2% inflation in 2025 isn't satisfactoryEUR/USD is near the post-statement highs but there's an element of USD-weakness at work as well. Last at 1.087... Read More
Posted: Jun 15 2023, 13:06
Author Name: forexlive
Views: 102217

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