Nagel

Fed Message in Focus, ECB and BoE Speakers Ahead, CEE Central Banks Hold Hawkish Line

Plenty of Fed speakers this week will clarify the FOMC’s policy views after Chair Powell’s cautious remarks last week. With the Dot Plot signalling two more cuts this year, we don’t expect much support for the dollar, which is looking moderately expensive in the short-term. PMIs across developed countries and the US PCE are the other highlights this week