ECB’s Lagerde:
Had perfect monetary policy Outlook to raise ratesif I have one regret is is that I was bound by for guidance in the past.Looked at inflation outlook with risks.
Fed Warsh
We are going to chart a new course so we can make better decisionsThere is a lot of data. I want to have a good family fight at the next meeting. Not going to give forward guidance.It is up to the central bank to decide if AI’s inflationaryAI below it showing itself first and very prominently in the USExciting, consequential time to be a central banker
BOE Gov Bailey:
We’ve got a softening economy, labor marketDecision not to raise rates was based on softening economy.Cutting rates is off the table at the momentWe will return to enjoy Energy prices have come down. We have a delayed reaction mechanism to energy prices
BOC Macklem
We left policy rate unchanged, so yes we are comfortable where we areIn economy, the economy is soft, but inflation is clearly above target.When we looked at the policy decision we think we are about at the right level to keep inflation contained. We have got to be humble amid uncertainty.If the situation changes we are prepared to take action.
This article was written by Greg Michalowski at investinglive.com.