Also prudent not to pre-commit to any particular rate pathDisinflation process is well on trackDomestic inflation should come downFinancing conditions remain restrictiveDetermined to ensure that inflation stabilises at 2%
Once again, all of this just continues to echo the message from his peers and rebuffs their communique from last week’s policy decision. EUR/USD remains flat on the day, stuck in a narrow range close to 1.0500 – now seen at 1.0490 currently.
This article was written by Justin Low at www.forexlive.com.
