The projections are updated every three monthsWe’ll have new ones in SeptemberThose are the most significant and interesting moments from the point of view of monetary policyThey are a very important indicator when it comes to deciding on rates
Once again, this continues to effectively rule out a chance of a move in July. That said, markets have also settled on that i.e. no rate cut in July, for a while now already.
This article was written by Justin Low at www.forexlive.com.