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Lagarde speech: Need to be cautious in policy decisions
While speaking on the sidelines at the 2024 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) on Wednesday, European Central Bank (ECB) President Christine Lagarde noted that they need to be cautious when asked about market expectations for further rate reductions.Fxstreet
Wed, Oct 23
Canada: Bank of Canada to cut rate by 50bp – Commerzbank
This afternoon UK time, the Bank of Canada (BoC) will announce its regular interest rate decision - and after the developments of the past few weeks, there is much to suggest that it will accelerate the pace of rate cuts, Commerzbank’s FX Analyst Michael Pfister notes.Fxstreet
Wed, Oct 23
ECB starting to debate whether rates need to go below neutral in latest easing cycle – Reuters
Citing sources with the knowledge of the matter, Reuters reported on Wednesday that the “European Central Bank (ECB) policymakers are starting to debate whether rates will have to go below neutral level in current easing cycle.” .Fxstreet
Wed, Oct 23
