Weekly Focus – No New Signals from Central Banks

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2018/08/f-rate22.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2018/08/f-rate22.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/08/f-rate22-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>As expected, the ECB kept rates unchanged and did not provide new guidance. At the press conference, President Lagarde said that she stands by her earlier comments that rate cuts could come in the summer. We continue to expect the first cut in June, followed by two more 25bp cuts later this year, but acknowledge […]</p>
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