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Weekly Focus – Central Banks Opt for Cautious Tone as Growth Falters

Weekly Focus – Central Banks Opt for Cautious Tone as Growth Falters
As many Europeans continue to enjoy their summer breaks, their mood can be lifted by expectations that peak rates loom in the horizon. In July, the ECB hiked the deposit rate to 3.75%, as expected, but at the press conference, President Lagarde opted for a clearly dovish tone. Service sector, the prime engine for economic […] The post Weekly Focus – Central Banks Opt for Cautious Tone as Growth Falters appeared first on Action Forex... Read More
Posted: Aug 11 2023, 14:40
Author Name: actionforex
Views: 102276

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