- There are potential upside and downside risks to prices
- Will continue to carefully monitor data in deciding policy
- There is a growing view that pessimistic data would come out in the latter half of 2025
- There are more pessimistic data on sentiment globally
- More important than ever to analyse the variety of data amid high uncertainties
This is all just reaffirming that they are not quite in a rush to push forward with the next rate hike. At this point, the can seems to be kicked down the road to January 2026.
This article was written by Justin Low at www.forexlive.com.