Tuesday, 3 May 2022

Central Bank Watch: Fed Speeches, Interest Rate Expectations Update; May Fed Meeting Preview

Rates markets are fully pricing in a 50-bps rate hike by the Federal Reserve on Wednesday.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...