Services inflation is still slightly higher than I would preferPrudence and caution have a premium to them, we should continue in that mannerI don’t feel at the moment the need to rushWe need to think like a long-distance runner
No rush but the signs are pointing to at least a 25 bps move in December again. That being said, traders are still pricing in a ~26% probability of a 50 bps move for the time being as well.
This article was written by Justin Low at www.forexlive.com.
