{"id":96503,"date":"2024-12-19T11:43:41","date_gmt":"2024-12-19T09:43:41","guid":{"rendered":"https:\/\/ironfx-com-php8.wp-dev.int.theitops.net\/?p=96503"},"modified":"2024-12-19T11:44:18","modified_gmt":"2024-12-19T09:44:18","slug":"after-the-fed-and-boj-attention-now-placed-on-boe","status":"publish","type":"post","link":"https:\/\/www.ironfx-cn.com\/ru\/after-the-fed-and-boj-attention-now-placed-on-boe\/","title":{"rendered":"After the Fed and BoJ, attention now placed on BoE"},"content":{"rendered":"

The USD rallied yesterday and during today\u2019s Asian session, as the Fed hawkishly cut rates. As was widely expected the bank cut rates by 25 basis points and the accompanying statement <\/a>maintained the view that the bank is to continue to assess economic data coming in in deciding the appropriate monetary policy. Yet the bank\u2019s projections <\/a>and new dot plot tended to enhance the market\u2019s view for an easing of the bank\u2019s rate-cutting path. Especially Fed Chairman Powell\u2019s press conference was deemed as more hawkish as he stated that the bank should be cautious with more rate cuts. Overall, we see the case for the USD to remain supported on a monetary level, especially against the EUR, as the monetary outlook diverges significantly, given ECB\u2019s intentions to continue cutting rates. On the flip side, the Fed\u2019s interest rate decision weighed considerably on US equities and Gold\u2019s price.<\/p>\n\n\n\n

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