Fx Primus Rebates

ECB’s Praet: Downside risks have increased

Comments from Praet in an interview with Handelsblatt There is some pressure on the ECB to push out its guidance but the current iteration of the ECB has a well-earned reputation for waiting and watching until the last minute before acting and it looks like they’re not in a rush.

Fx Primus Rebates

South Africa raises rate to 6.75% from 6.50%

SARB hikes rates Three votes to hold, three votes to hike I’m not sure how a split vote led to a hike. The surprise here is that the inflation forecasts were lowered but they hiked anyway, deciding that they didn’t want to allow inflation expectations to rise. Emerging market central bankers are also deeply worried…