- Data is encouraging, confirms that we’ll return to target
- Hopes to see recovery in economy, then we’ll take it from there
- There is new downside risk from trade policy on growth, impact on inflation not so clear
- But pretty comfortable with market expectations for the next two meetings
- But if recovery continues, not too convinced that we need to into “stimulative mode”
This article was written by Justin Low at www.forexlive.com.