![]() ![]() The ECB and the RBA struck more cautious, or hawkish tones. “We feel like we’re getting closer or maybe even there,” Powell said in relation to rate rises. The Fed dropped a key phrase – “additional increases might be appropriate” – that appeared in the March statement. In the case of the US Federal Reserve, the language from its chair, Jerome Powell suggested this rate rise might be the last. ![]()
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