December 19, 2024 at 08:50AM
Inflation risks may shift to the downside in 2026
But easing direction for monetary policy is clear
The economic environment will determine the terminal rate
It is best to keep a consistent pace towards the neutral rate
Once again, it just echoes similar remarks from his peers since last week. That being they are still on the path to keep cutting rates by 25 bps at the subsequent meetings.
This article was written by Justin Low at www.forexlive.com.
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