Forex
globalreutersJune 27, 20241 Mins read
Fed’s Bowman: We’re not at a point yet to consider a rate cut
globalreutersJune 27, 20241 Mins read - If inflation moves towards 2%, eventually a rate cut is on the table
- Monetary policy is currently restrictive
- Inflation should ease with current policy setting
- Upside risks to inflation persist
- Economy strong but activity has moderated
- Still willing to raise rates again if inflation doesn’t rise
Bowman is a hawk so her comments aren’t a surprise.
This article was written by Adam Button at www.forexlive.com.
Related Articles
BOJ governor Ueda: We don’t make comments on short-term FX moves
There is still a month to go until the next policy meeting,...
ECB’s Villeroy: The balance of risks on growth, inflation is shifting to the downside
Victory against inflation is in sight in EuropeInflation could be sustainably at...
BOJ governor Ueda: We have seen how technology has diversified financial intermediation
Financial industry to undergo even more transformation with the recent rise of...
FX option expiries for 21 November 10am New York cut
There are a couple to take note of on the day, as...
Leave a comment