Inflation releases to take centre stage as central bank meetings loom - FXStreet
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Inflation releases to take centre stage as central bank meetings loom FXStreet
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Hawks and Hikes
The desk highlights a notable shift in the monetary policy outlook with central banks adopting a more hawkish stance amidst rising inflation concerns. As pointed out in the recent analysis by J.P. Morgan, core inflation could surpass 3% due to various factors such as goods sector cost pressures and tightening labor markets. This rising inflation narrative, coupled with geopolitical instability, is likely to renew discussions around potential interest rate hikes, positioning traders on high alert for market movements in response to central bank actions.
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