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Analyst: Trade Uncertainty to Lead European Central Bank to Avoid Forward Guidance
Summary: According to FP Markets analyst Aaron Hill, the forward guidance at the European Central Bank meeting on Thursday is expected to have little significant impact on the market due to too much policy uncertainty, with no trade agreement between Europe and the US yet finalized. Hill believes that forward-looking assessments of growth and inflation, especially ...
According to FP Markets analyst Aaron Hill, the forward guidance at the European Central Bank meeting on Thursday is expected to have little significant impact on the market due to too much policy uncertainty, with no trade agreement between Europe and the US yet finalized. Hill believes that forward-looking assessments of growth and inflation, especially the interest rate path, will be the focus. However, given the unclear prospects of trade negotiations, the central bank is likely to be cautious in providing definitive statements.
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Link: Analyst: Trade Uncertainty to Lead European Central Bank to Avoid Forward Guidance [Copy]
