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Where Independent Traders, Investors, and Dribblers Thrive
Hawkish BOE Mann:
– I would rather err on the side of over-tightening
– If I am wrong and inflation & economy drop more significantly, I wouldn’t hesitate to cut rates
– The idea that 3% inflation is ‘close enough’ can’t be the BOE’s guide
– It’s a risky bet that inflation expectations are sufficiently well-anchored and we can wait for core inflation to ease
– We need to prepare for a world where inflation is more likely to be volatile
In the past week we had the ECB, PBOC and Peru central banks all acted as expected. In the week ahead we get a tidal wave of central banks meeting. Th
[See the full post at: Central Bank Watch – Week Ahead Focus on FOMC, BOE, SNB, BOJ and PBOC]
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