The currency war at its peak
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ECB meeting to bring volatility to the Euro at tomorrow’s meeting
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The end of the Q2 of 2022 has brought us a grim outlook for the medium-term global growth as the USD strengthens while GBP and EUR weakens
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"A euro that is too weak would go against our price stability objective." - Francois Villeroy (ECB Governing Council member)
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The market expected 490,000 jobs to be added, but the actual number was 431,000.
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"We're not going to let high inflation become entrenched… (as) the costs of that would be too high." - The Federal Reserve
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We hit the ground running in 2022 – a big week for data, and 2022 will almost certainly mark the turning point for monetary policy as developed nations raise interest rates at different speeds to combat inflationary pressures.
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