- Rate cuts must wait for more tariff certainty.
- There was a broad consensus around lowering rates, but some disagreement at the margins.
- It wasn’t clear yet to what extent tariff countermeasures were being taken.
- There may be further cuts this year, but the number is still outstanding
- Says that while various scenarios remained possible with regard to prices and movement of rates, for the time being direction was a downward
This article was written by Greg Michalowski at www.forexlive.com.
