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ECB Lane: Markets expect rates to remain at elevated levels for an extended period

ECB Chief Economist Philip Lane noted in a speech that “since the cut-off date for the March 2023 projections, the incoming data have been mixed.” Lane pointed out the ongoing divergence in sectoral performance, as services business activity experiences accelerated expansion due to strong reopening effects and increased incomes. In contrast, manufacturing output remained stagnant […] The post ECB Lane: Markets expect rates to remain at elevated levels for an extended period appeared first on Act... Read More

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Lane

Markets

Expect

Rates

Remain

Elevated

Levels

Extended

Period

Forex

Posted: Apr 19 2023, 12:29

Author Name: actionforex

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