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What To Focus On During Tomorrow’s Central Bank Meetings
Out of the two central bank meetings happening tomorrow, the main expectation for the ECB meeting is to not be a major event. Generally, there is a pretty broad consensus that the central bank will keep its policy on hold for at least one more month. There are a few fundamental issues that could cause a major surprise. Across the Channel, however, the expectation for the BOE’s policy meeting is to be quite active. There won’t be just a change in rate policy, but also in asset purchases, as well as the outlook for the trajectory of rate hikes. There are a lot of moving parts here, and they could all be potentially ... (full story)