Powell Pushes Back on Rate Cut Expectations

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2018/12/f-fed30.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2018/12/f-fed30.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/12/f-fed30-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>In focus today In the euro area, focus is on the inflation print for January today. We expect HICP to decline to 2.8% y/y from 2.9% in December and core inflation to decline to 3.2% y/y from 3.4%. The prints from the individual countries we have received this week indicate that we are close to […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/537891-powell-pushes-back-on-rate-cut-expectations/">Powell Pushes Back on Rate Cut Expectations</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>