We already have plenty of data to make our decision in SeptemberDisinflation and a weak economy support a Sept cutDowntrend in inflation is on trackWe are still seeing strong services inflationThe disinflationary process has been ongoing since autumn 2022 and it’s still going onAsked about 50 bps, says they always have to be openSays he doesn’t want to commit to anything, data dependent
He isn’t offering much here, the market is already fully priced for 25 bps.
This article was written by Adam Button at www.forexlive.com.
