{"id":76708,"date":"2024-02-07T11:08:32","date_gmt":"2024-02-07T09:08:32","guid":{"rendered":"https:\/\/ironfx-com-php8.wp-dev.int.theitops.net\/?p=76708"},"modified":"2025-12-11T14:36:06","modified_gmt":"2025-12-11T12:36:06","slug":"the-case-for-a-continuance-in-restrictive-monetary-policy-by-the-ecb-and-the-fed","status":"publish","type":"post","link":"https:\/\/www.ironfx-cn.com\/en\/the-case-for-a-continuance-in-restrictive-monetary-policy-by-the-ecb-and-the-fed\/","title":{"rendered":"The case for a continuance in restrictive monetary policy by the ECB and the Fed"},"content":{"rendered":"\n

Over in Europe, ECB Schnabel during her remarks<\/a> yesterday, stated that the tensions in the Red Sea, warrant caution against \u201cadjusting the policy stance soon\u201d and as such may imply that the bank may keep interest rates, higher for longer. The comments made by ECB Schnabel, may have aided the common currency, as they may have been perceived as predominantly hawkish in nature. In the US, we note the comments made by Minneapolis Fed President Kashkari stated that the US is \u201cnot all the way there yet\u201d, when referring to inflation. Furthermore, Fed Kashkari\u2019s comments could be perceived as predominantly hawkish in nature, which could provide support for the dollar should more Fed officials continue pushing back on the market\u2019s current expectations of 5 rate cuts by the Fed this year. \u00a0In the US Equities markets, the bad news for Boeing (#BA) doesn\u2019t seem to be stopping any time soon. According to various media outlets, the NTSB stated that door plug bolts meant to hold down a door panel in the Alaska Airlines\u2019 Boeing 737 Max 9 Jet, appeared to be missing. The report by the NTSB could further weigh on Boeing\u2019s (#BA) stock price even further.<\/p>\n\n\n\n

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