Tuesday, 19 March 2024

Lower Canadian CPI Brings Rate Cuts Closer While Fed Cuts Appear Delayed

Canadian inflation softened more than expected in February, bringing potential rate cuts closer at a time when markets foresee the Fed having to delay its first cut until July

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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...