{"id":80676,"date":"2024-04-17T11:27:18","date_gmt":"2024-04-17T08:27:18","guid":{"rendered":"https:\/\/ironfx-com-php8.wp-dev.int.theitops.net\/?p=80676"},"modified":"2025-12-29T17:10:07","modified_gmt":"2025-12-29T15:10:07","slug":"feds-restrictive-monetary-policy-to-remain","status":"publish","type":"post","link":"https:\/\/www.ironfx-cn.com\/zh\/feds-restrictive-monetary-policy-to-remain\/","title":{"rendered":"Fed\u2019s restrictive monetary policy to remain?"},"content":{"rendered":"

Over in the US, Fed Chair Powell stated yesterday, that \u201cthe recent data have clearly not given us greater confidence and instead indicate that it\u2019s likely to take longer than expected to achieve that confidence\u201d. The comments may imply that the recent financial releases which appear to imply that inflation appears to be sticky in nature, which could lead to the Fed maintaining its restrictive monetary policy for a longer time period. Therefore, Fed Chair Powell\u2019s comments appear to have been predominantly hawkish in nature, as FFF currently implies only one rate cut is set to occur this year, down from the expectation of six at the beginning of the year. The current reposition of market expectations may have aided the dollar in anticipation of a continuation of the Fed\u2019s restrictive monetary policy.Over in Europe, ECB President Lagarde stated during a CNBC segment yesterday, that \u201cif we don\u2019t have a major shock in development, we are heading towards a moment where we have to moderate the restrictive monetary policy\u201d, implying that the bank may be preparing to cut interest rates. As such, ECB President Lagarde\u2019s may have been perceived as dovish in nature, which could weigh on the common currency.Tensions remain elevated in the Middle East, as anticipation as to how Israel will respond to Iran\u2019s aerial assaults remains uncertain. Should, tensions escalate even further, it could support oil prices and vice versa.<\/p>\n\n\n\n

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