- Inflation is slowing to below 2% target
- Inflation being at its 2% target is linked to ECB’s independent decision-making
- We’re keeping a close eye on the economy and stand ready to act if needed
- Trump pressure on Fed’s independence could have substantial global effects on financial markets, real economy
- But I consider a rapid, significant weakening of dollar dominance to be unlikely
This article was written by Justin Low at investinglive.com.