- It is exactly when people are paying most attention that central banks should deliver their key communication to ensure that those expectations remain firmly anchored
- It will be critical for central banks to keep inflation expectations firmly anchored while these relative price changes play out
There’s no hint here on the September 14 ECB decision. Current pricing is for a 29% chance of a rate hike.
This article was written by Adam Button at www.forexlive.com. Source