- Economy likely stagnated in Q4
- Some surveys point to a pickup in 2024
- Demand for labor is slowing
- Upside risks to inflation include heightened geopolitical tensions, including in Middle East
- Market interest rates have moved broadly sideways since our last meeting
- We are determined to ensure inflation returns to our 2% target in a timeline manner
- We will continue to follow a data-dependent approach
There isn’t much here and no hint on rate cuts.
This article was written by Adam Button at www.forexlive.com. Source