- 2028 inflation forecast likely to be below 2%
- Still see inflation risks to downside
- Next move is still likely to be a cut
Centeno has been one of the most dovish members for a long time and he’s not deviating from that stance here. When dovish members make dovish comments, the market ignores them because it’s a known information and therefore doesn’t change future expectations.
This article was written by Giuseppe Dellamotta at investinglive.com.