Major central banks have
likely come to the end of what has been the most aggressive
tightening cycle in decades, but some are pushing back against
market expectations for rate cuts soon. .
LONDON (Reuters) - Major central banks have likely come to the end of what has been the most aggressive tightening cycle in decades, but some are pushing back
The European Central Bank (ECB) meets on Thursday as policymakers, not quite ready to declare victory in the inflation battle, struggle to sway trader bets on swift rate cuts. Markets are banking on a first cut in April, but the ECB wants to see more evidence of price growth slowing before pushing the button. "To me the question is. whether the ECB wants to address that or not."
The European Central Bank meets
on Thursday as policymakers, not quite ready to declare victory
in the inflation battle, struggle to sway trader bets on swift
rate cuts. Markets are. -January 22, 2024 at 01:00 am EST
- MarketScreener
A flurry of data should give markets a
clearer sense of how fast inflation is falling globally, as
turmoil in the Red Sea and oil price gains renews angst over
price pressures. U.S..