- Most likely we will have to tighten monetary policy again
- But we can also take a more gradual approach
- A gradual approach is appropriate at present, we can look again in September
He’s leaving the door open with one foot in case they may take a step back to keep rates unchanged in Q3. For now, Jordan maintains that a rate hike today was the right and necessary step.
This article was written by Justin Low at www.forexlive.com. Source