Notes from the Desk: The Conundrum Facing Fed Policymakers
June 11, 2024 at 14:37 PM EDT
Last week, the European Central Bank and the Bank of Canada each lowered their respective policy rates by 25 basis points, as widely expected. However, the ECB and BOC offered slightly diverging guidance. The ECB significantly revised its growth forecast for 2024 (by +0.3% to 0.9% growth) and emphasized a data dependent stance, failing to [...] The post Notes from the Desk: The Conundrum Facing Fed Policymakers appeared first on ETF Trends .
