✉news BusinessBanking first seen 1 d ago, last 17 h ago, peak #21
Fed and ECB minutes in focus as rate-hike bets cool
Original: Fed, ECB minutes in focus as weak US jobs data, French market stress cool rate-hike bets
Investors are turning to the latest Federal Reserve and European Central Bank meeting minutes for direction on interest rates. Weak US jobs data has fuelled expectations that the Fed may pause or slow its tightening cycle, while political and market stress in France has weighed on eurozone sentiment. Traders say both central banks may be closer to the end of their hiking cycles than previously thought, making the minutes key reading for markets.
Why now: Fresh signs of a weakening US labour market and French market turbulence are shifting expectations about how much further the Fed and ECB will raise rates.
Federal ReserveEuropean Central BankFranceUnited States
Evidence
- Fed, ECB minutes in focus as weak US jobs data, French market stress cool rate-hike bets · The Business Times
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