The EUR/USD pair found support despite the dovish move by the ECB and conflicting signals from Fed officials. ECB officials give a dovish tone to the policy outlook during wage inflation talks, hinting at a possible rate decrease in June. The US GDP and core PCE inflation numbers are anticipated …
Read More »Official: ECB Won’t surrender to inflation
The first ECB’s interest rate hike may come this year according to Estonian central bank chief Madis Müller. The ECB will stop its bond purchases earlier than expected. Russia’s attack on Ukraine will diminish growth prospects but not the European Central Bank’s efforts to fight inflation.The comments from Governing Council …
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