- If baseline stands, we will likely hike in July
- We still have ground to cover
- We’re not seeing enough tangible evidence of stabilizing domestic inflation
- We’re looking at as many indicators as we can
- Q2 was not great for manufacturing
- The European economy is ‘stagnant at best’
- Manufacturing does not give a great hope for a strong recovery
- Our baseline does not include a recession
- Transmission of mon pol will be slower because there are more fixed-rate mortgages than 15 years ago
- Resilience has been the theme so far
I’ll update headlines from the ECB.
This article was written by Adam Button at www.forexlive.com. Source