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The Week Ahead – Rate hike pause remains conditional
EURUSD holds as ECB to keep smaller hikes The euro rallies as high price growth momentum warrants more tightening. The ECB projects an extended disinflation process as price pressures turned around after double-digit readings last year. Still, Chief economist Philip Lane expects price momentum fuelled by wage growth to hold inflation above the bank’s 2% […] The post The Week Ahead – Rate hike pause remains conditional appeared first on Orbex Forex Trading Blog...
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Posted: May 12 2023, 12:34
Author Name: orbex
Views: 110992