- Too early to say where rates will end up
- Risks to inflation are still on the upside
- Rate hikes are gradually having an impact
That is a balanced take to the situation but it once again just reinforces the narrative that a July rate hike is a given. But what comes after is still a bit of a question mark, even more so after the softness in recent economic data.
This article was written by Justin Low at www.forexlive.com. Source