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Central Banks Update January 29, 2019

Exclusive Capital Ltd.


• ECB President Draghi said that the EU economy is slowing but it's not in recession. ECB’s reaction implies that a possible rate hike is off the table for 2019. The geopolitical uncertainties have a negative impact on the CPI

• On Wednesday the first Fed meeting of the year will take place. Interest rates are expected to be stable and Fed President Powell is likely to stress that the Fed remains patient as inflation resumes low

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Source: https://www.exclusivecapital.com/central-banks-update-january-29-2019/
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