It was a huge day of central bank speakers on Tuesday - recap. More to come Wednesday.Check these out! Ahead of the Wednesday's US CPI data (
US inflation data is the focus for Wednesday 11 May 2022 ) there was a boatload of Fed speakers, and an ECB one for good measure:
More from Mester: MBS sales could mean losses for central bank
Fed's Mester: Would need to see compelling slowdown of inflation before slowing rate rises
Fed's Waller: We think we can raise rates and not have a big impact on unemployment
Fed's Mester: The hiking pace we're going now seems about right
ECB's Nagel sees 'disturbing trend' that inflation is gaining momentum
Fed's Mester: I think we will need to go beyond neutral
Fed's Williams: 50 bps hikes at next two meetings 'make sense' as base case
Fed's Barkin: When we get to neutral, we can decide if we have to put the brakes on
More from the Fed's Williams: I don't know what Fed funds rate will be mid next year
Fed's Williams: Will move expeditiously to bring rates back to more normal levels
There is a minor reprieve from Fed talking heads on Wednesday, but the ECB speakers keep coming:
BuBa President Nagel, ECB President Lagarde, Spain's central bank governor de Cos. ECB Schnable are all on the agenda. I'll collate times etc and be mack with more on these.
Source: It was a huge day of central bank speakers on Tuesday - recap. More to come Wednesday. (https://www.forexlive.com/centralbank/it-was-a-huge-day-of-central-bank-speakers-on-tuesday-recap-more-to-come-wednesday-20220511/)
forexlive.com