The Lagarde (after the ECB's decision) and Powell (at the Cato Institute) press conferences on monetary policy are currently underway. Lagarde is not very hawkish, although she says the rates are not yet at a neutral level. However, Lagarde points out that the recent hike was something abnormal and will not be standard.
In turn, Powell seems to be hawkish: he warns against premature search for loose monetary policy, points to the need to continue fighting inflation and speaks of a strong labor market. The market is already pricing-in 80% chance for a 75 bp hike on September 21 by the Fed.
Source: xStation5
āļāđāļēāļ§āđāļāđāļāļ§āļąāļāļāļĩāđ 30 āļ.āļ.
Warsh āđāļĄāđāđāļāđāļŠāđāļāļŠāļąāļāļāļēāļ Hawkish āļāļąāļāđāļāļ āļāļĨāļēāļāļĄāļāļ Dovish āļĄāļēāļāļāļķāđāļ EUR/USD āđāļāļ° 1.1450
BREAKING: Fed āļāļāļāļāļāđāļāļĩāđāļĒ āļāđāļēāļĄāļāļĨāļēāļāļāļ§āļēāļĄāđāļŦāđāļāļāđāļēāļāļ āļēāļĒāđāļ āđāļĨāļ°āļāļēāļĢāļāļ°āļĨāļāļāļļāļāļĒāļ·āļāļāļāļ Warsh
Chart of the Day: āđāļāļīāļāđāļāđāļāļāļāļāļąāļ AUDUSD! 'āđāļŦāļĒāļĩāđāļĒāļ§' RBA āļāļģāļĨāļąāļāđāļāļĨāļĩāđāļĒāļāļāđāļēāļāļĩ?
