And we’re off!
by AIB Treasury Economic Research Unit
- In the last week, we have seen further signs that central banks are starting to alter their monetary policy settings, with rate cuts
being announced.
- The ECB cut interest rates despite revising higher its inflation forecasts.
- With the June rate cut well flagged, the focus for markets was on what insight, if any, the ECB would provide on additional policy easing over the coming months.
- This week, the monetary policy spotlight will shift to the US Fed.
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