ECB’s Lagarde: The services sector is slowing

Forex Short News
  • Survey data points to some weaker prospects in the near term
  • Higher tariffs, stronger euro to make exports harder
  • Defense and infrastructure investment to bolster growth
  • Boost in defense and infrastructure would raise inflation over the medium term
  • Risks to growth tilted to the downside
  • Not pre-committing to particular rate path
  • In a good position to navigate uncertain conditions coming up
  • There was one dissenter

I will update as headlines cross.

This article was written by Adam Button at www.forexlive.com.