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Weekly Market Brief: Central banks kick to touch
- This weeks US Fed and Bank of England meetings left monetary policy unchanged, as expected.
- The fed’s decision to leave rates on hold at 4.25 – 4.50% was unanimous, leaving it on hold since December 2024.
- While Chair Powell's largely kicked to touch on tariff related questions in his press conference, it was clear some members are now factoring higher inflation into their outlook and adjusting their rate expectation accordingly.
- For this part, President Trump continued to criticize this “stupid” power, stating “it would be nice to be. 2 1/2 points lower”.
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