All these central bankers like to talk about independent policy and how they’re not dependent on the Fed and then this happens and they say the quiet part out loud. Might as well lay off 90% of the world’s central bankers and leave it to the US to manage.
Wunsch also said they should proceed gradually after cutting in June and refrain from committing to a second cut.
This article was written by Adam Button at www.forexlive.com. Source