EUR/USD: Hawkish bets on ECB favor bulls to aim for 1.0115 hurdle, US inflation eyed – by anilpanchal7 EURUSD RiskAppetite ECB Fed Inflation
“Many policymakers saw a growing probability that they will need to take the rate into "restrictive territory", jargon for a level of rates that causes the economy to slow, at 2% or above,” mentioned Reuters while quoting five sources. Among them, comments from Bundesbank President and
It should be noted that US Treasury Secretary Janet Yellen also signaled challenges for the US Federal Reserve going forward as she said during the CNN interview, “Fed is going to need skill and luck to bring inflation down while maintaining labor market strength.”
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