…he says he’s open to rethinking the program if economic conditions change.
- Current program may be enough; may not need more after June
- Rethinking dual mandate an interesting idea
Markets have fallen into consolidation mode this afternoon with EUR/USD nudging a pip or two above trend resistance before subsiding. USD/JPY tested support in the 83.10/20 region and bounced. Its now at 83.35. Cable is bid to the boots, owing to its suburb inflation-fighting central bank and robust economic backdrop…
