How are major central banks and the FX market reacting to the worsening energy price shock?
How are major central banks and the FX market reacting to the worsening energy price shock?
Lee Hardman, Senior Currency Analyst, and Henry Cook, Senior Economist, discuss how major central banks are responding to the escalating conflict in the Middle East and its impact on global energy prices. With the Fed showing less urgency to tighten policy in response to the latest energy price shock, could this help moderate USD strength?
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