After a volatile week of central bank meetings and top tier economic data, the risk calendar looks relatively light in comparison. The pushback of early rate cuts by policymakers continued last week, but interest rates still traded lower. Pressure on US regional banks was a factor and one area to watch going forward, while markets are still convinced that rates will come lower through the year, so the trend is strong. Indeed, one investment bank has switched the “higher for longer” interest rate moniker to “later and faster”, as policymakers realise they are at a key turning point so would like more data before ... (full story)