ECBs Vujcic is on the wires saying: As prices ease, the 4% rate will be more restrictive If outlook holds won’t need any more rate hike’s Latest hike puts us in a better position The EURUSD is trading at 1.0634. The low price today reached 1.0616 which was 6 pips short of the 38.2% retracement
Share: European Central Bank President Christine Lagarde spoke at the Jackson Hole Symposium. In her speech, she mentioned that the fight against inflation “is not yet won.” She emphasized the importance of central banks providing a nominal anchor for the economy and ensuring price stability. Lagarde stated that this entails setting interest rates
Energy transition and climate change is triggering profound transformations in energy markets We are seeing profound changes in the labour market and the nature of work If we face both higher investment needs and greater supply constraints, we are likely to see stronger price pressures We need to set rates at sufficiently restrictive levels for
Fed’s Bostic The Fed funds market is pricing in a decline to 4.04% at the end of 2024 right now with cut pricing accelerating around May. You can imagine there will be some genuine enthusiasm in equities when we get a better sense of when cuts are coming but that will also depend on what
Share: Atlanta Federal Reserve Bank President Raphael Bostic said on Friday to Bloomberg, that the central bank is likely to keep monetary policy in a restrictive territory well into 2024. He added that the Fed is on a trajectory to get to the 2% inflation target. Asked about the recent jobs report, Bostic
