- Evidence suggests that policy is still restrictive
- Wage growth is still too high for on target inflation
- Wages is my main focus when looking for disinflation
- Further gradual disinflation progress and trade developments made 25 bps rate cut appropriate
Just some token remarks here and ones that won’t matter all too much as trade headlines are drowning out everything else at the moment.
This article was written by Justin Low at www.forexlive.com.
