Are traders finally getting on board with the central bank pushback? ...Middle East

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The main story in markets coming into this year is that of central banks. To be more specific, it is about rate cuts and when we might get them. Traders were quite optimistic on that front and aggressively priced in rate cuts in the final two months of last year. Now, how has that played out so far this year?The long story short is that major central banks are still not convinced enough to confirm a policy pivot just yet. They are happy with the inflation trajectory but not with the levels it is at right now. The same is said for the Fed, ECB, and BOE as they continue to preach patience and data-dependency. And the RBA has also joined in on the chorus today as well here.If we look to the end

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Last updated : 06 February 2024 clock 08:48 AM

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Are traders finally getting on board with the central bank pushback? ...Middle East

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