Disliked{quote} Two decisions, follow the FED or the ECB and what level of US Debt they want to hold to support the US.Ignored
ECB has indicated that it will make its own decisions and is expected to start reducing interest rates in June.
If CB modify interest rates independently of one another, they run the danger of changing the relative value of their respective currencies.
The ECB's revised rate path hurt EUR/USD.
It is not possible the BoE can reduce faster than the Fed, given that UK services inflation (6%) is substantially higher than that of the US (5.3%) and the eurozone (4.0%).
I come from the future.
5