The European Central Bank (ECB) is saying "we're gonna keep inflation under 2 percent no matter what" and so to me they're taking opposite positions: the ECB is tighter and the hawkish bank and the Federal Reserve is a dove and therefore the Euro currency (EUR) on that basis alone is going to be stronger than the US Dollar (USD).
Sep 17, 2018
How The Federal Reserve Is Thinking About Inflation Right Now
The Federal Reserve is saying that they're gonna err on letting inflation break out, that they are fine with symmetrical inflation around 2 percent.
Podcast: The Next Economic Hurricane Will Be a Category 5
Podcast: The next economic hurricane will be a category 5
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