|
Trigger happy central banks
- While not fully coordinated, the three majors – Fed, ECB and Bank of England (BoE) – held rates unchanged at recent meetings.
- In the US, Fed Chair Jerome Powell remained non-committal on the interest rate outlook, noting uncertainty remains around inflation.
- In contrast, BoE commentary signals a more hawkish stance.
- At the ECB, President Christine Lagarde noted that the Eurozone economy has likely moved away from downside scenarios.
|
|
