- High levels of uncertainty in global macrofinancial environment calls for prudence in monetary policy decisions
It’s hard to tell which way to take this. He’s obviously talking about tariffs and whatnot but does prudence mean using your ammo or saving it?
In any case, the market is pretty much fully priced for 25 bps at the next two ECB meetings so there won’t be any debate until after that.
This article was written by Adam Button at www.forexlive.com. Source