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ECB and BOE are reluctant to join Fed in pivoting toward rate cuts

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In the wake of Federal Reserve chief Jerome Powell’s signal on Wednesday that officials are turning to focus on reducing borrowing costs, peers from Frankfurt to London declared that further slowing in inflation can’t be taken for granted. Whatever financial markets may be betting, they signaled that easing isn’t on the agenda for now.

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​ In the wake of Federal Reserve chief Jerome Powell’s signal on Wednesday that officials are turning to focus on reducing borrowing costs, peers from Frankfurt to London declared that further slowing in inflation can’t be taken for granted. Whatever financial markets may be betting, they signaled that easing isn’t on the agenda for now. In the wake of Federal Reserve chief Jerome Powell’s signal on Wednesday that officials are turning to focus on reducing borrowing costs, peers from Frankfurt to London declared that further slowing in inflation can’t be taken for granted. Whatever financial markets may be betting, they signaled that easing isn’t on the agenda for now.  Moneycontrol Latest News Read More  

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