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BOE and ECB not likely to produce as much fireworks later in the day

BOE and ECB not likely to produce as much fireworks later in the day

However, one shouldn't expect the same from today's two other major central bank meetings. For one, we weren't too sure what the Fed would offer in terms of communique, even if there were strong expectations of a 25 bps rate hike already. Powell's nod to the market outlook and opening the door for policy changes "if inflation comes down much faster" was something new to work with.

That said, we might not get the sam... Read More

Posted: Feb 2 2023, 08:44
Author Name: forexlive
Views: 110836

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