- Inflation is controlled.
- Inflation today is very close to 2%.
- The dynamic of the labour market is cooling a little bit.
These are token remarks. The market has already fully priced in a 25 bps cut in October, so there’s nothing new the ECB members can say. It’s now about the data.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
Recent Posts
Categories
Related Articles
TD warn of more Bank of England rate cuts than the marekt expects – to weigh on GBP
GBP may face pressure as the Bank of England (BOE) could cut...
Bank of Japan not too worried about grind higher in JGB yields – only if there’s a spike
The Bank of Japan is not too worried about the moves higher...
Andrew Bayly has resigned. Its cool, its NOT the Bank of England Governor Andrew Bailey.
New Zealand government minister Andrew Bayly has resigned. Different spelling.Different country. Different...
ECB’s Escriva says no pre-established future path for interest rates, “meeting to meeting”
Member of the European Central Bank Governing Council (the monetary policy setting...
Leave a comment