EUR/USD recovery needs validation from German Inflation, Fed comments – by anilpanchal7 EURUSD Inflation Fed ECB RiskAppetite
is growing.” Further, ECB Governing Council member Klaas Knot stated, “recession not a foregone conclusion.” Additionally, ECB policymaker Pablo Hernandez de Cos mentioned that the hikes so far not enough to return inflation to goal.
Richmond Federal Reserve Bank President Thomas Barkin recently mentioned that he supports smaller interest-rate hikes ahead as the central bank moves to bring down too-high inflation. Previously, Cleveland Fed President Loretta Mester marked the need to see several more good inflation reports and more signs of moderation to back the pause in rate hikes.
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