We revise our Fed call to 2 rate cuts of 25bp this year in September and December. It will be a close call between July and September but with macro indicators showing no signs of sudden weakening, we lean towards September as our base case.
A gauge of global
stock markets rose on Monday on optimism that major central
banks will cut interest rates this year, while the yen weakened
against the dollar after a strong surge last week from.
ECB policy-makers Philip Lane, Gediminas Simkus and Boris Vujcic said the latest inflation and growth data cemented their belief that inflation will head back to the 2% target by the middle of next year
The European
Central Bank is growing more confident about cutting interest
rates as euro zone inflation continues to ease, three ECB
policymakers said on Monday. ECB policymakers Philip.
A gauge of global
stock markets rose on Monday on optimism that major central
banks will cut interest rates this year, while the yen weakened
against the dollar after a surge last week from.