Staying the Course
by AIB Treasury Economic Research Unit
- Markets will be very much focused on central banks in the week ahead, as the US Federal Reserve, Bank of England and European Central Bank hold their first monetary policy meetings of 2023.
- Central bankers, however, have been actively dampening down such speculation in the lead-up to their policy meetings.
- Meanwhile, ECB President Lagarde has been very direct recently in saying markets should revise their position that the ECB would soon slow down the pace of rate hikes in response to falling inflation
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