To pause, raise or skip – the Fed’s dilemma
Tuesday 13th June 2023
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It’s a busy week ahead, with the Fed, the ECB, the Bank of Japan all meeting, and not a clear picture of what any will do in terms of rate rises. The Fed’s decision might be partially impacted by US CPI numbers out today. NAB’s David de Garis says there is talk of a skip, rather than a pause. In other words, one meeting missed so economic indicators can play catch-up before the Fed returns on its upwards rate path. Meanwhile, there seems to be an increasing amount of softer…
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