- There is no pre-determined path for September
- Sept projections plus other data will be taken into account
- Decision today was unanimous
- Surveys indicate wage growth will decline in 2025 and 2026
- Various wage measures point in the direction of rather elevated levels
- We’re data dependent, not data-point dependent
The euro is edging down, though rate cut probabilities haven’t moved.
This article was written by Adam Button at www.forexlive.com.
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