Fed's Powell and ECB's Lagarde to markets: Hold your rate hike horses
newscatcher
2021-11-04 05:30
Fed's Powell and ECB's Lagarde to markets: Hold your rate hike horses
By Dan Burns(Reuters) – A rush of expectations that tightening signals by central banks in Canada and Australia would nudge the world's biggest monetary policy actors to accelerate their own timelines for rate hikes ran into a wall of sorts on Wednesday, with the Federal Reserve and European Central Bank saying not so fast.Rate futures and bond markets on both sides of the Atlantic had been repricing for an earlier rate-hike lift-off by the Fed and ECB over the last month in the face of an inflation environment that is not heeding to policymakers' 'transitory' mantra.

https://whtc.com/2021/11/04/feds-powell-and-ecbs-lagarde-to-markets-hold-your-rate-hike-horses/

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