ECB Leaves Interest Rates Unchanged, EUR/USD Slips Lower

[ad_1] EUR/USD Forecast – Prices, Charts, and Analysis ECB leaves rates unchanged as expected. EUR/USD heading towards 1.0500. Recommended by Nick Cawley How to Trade EUR/USD The ECB left all three of its key interest rates unchanged today and noted that while inflation is expected to ‘stay too high for too long’, inflation dropped markedly

Lagarde explains decision to leave interest rates unchanged in October

[ad_1] Share: Christine Lagarde, President of the European Central Bank (ECB), explains the ECB’s decision to leave the key interest rates unchanged in October and responds to questions from the press. ECB press conference key quotes “The economy is likely to remain weak for the rest of the year.” “The economy should strengthen

Bank of Canada interest rate pause continued, with a “clear hiking bias”

[ad_1] The Bank of Canada left its overnight rate unchanged at 5%, although other events overtook the news on it: Via, RBC, their ‘Bottom Line” response, in brief: CPI readings still running well above the 2% target, the BoC is firmly focused on getting inflation under control. Slower than expected progress is a concern. But

Interest rate cuts in other G10 should help the Yen – Commerzbank

[ad_1] Share: USD/JPY has risen again to the area just below the 150 mark. Economists at Commerzbank analyze the pair’s outlook. The MOF’s intervention policy is dangerous The window in which the BoJ could have initiated a monetary policy turnaround is slowly closing. The headline inflation rate is falling and the core rate

ECB's Wunsch: Maybe we've reached the peak in interest rates

[ad_1] If inflation meets forecast, then no more rate hikes are needed Backs reopening discussion on PEPP timetable We have to live with current uncertainty Oil prices are an upside risk to inflation This just conforms to market expectations that they are already done with rate hikes. As for the PEPP topic, it’s not quite

Further interest rate hikes likely with inflation still too high

[ad_1] Share: Further interest rate increases will likely be appropriate, with inflation still being too high, Federal Reserve Governor Michelle Bowman said on Friday, per Reuters. Key quotes “Fed policy will need to be held at a restrictive level for some time to return inflation to 2% ‘in a timely way.” “Continued risk of