Jane Foley
Jane Foley
bank central environment european fairly inflation interest massive pressure raise rates theme
Inflation is a massive theme because we are in a rising-interest-rate environment. I think there is enough pressure for the European Central Bank to raise interest rates fairly aggressively.
grips market schools trying
The market is trying to get to grips with which of the two schools of thought is right.
comments fairly goes market might seeing seemed sold
In context, those comments might have seemed fairly acceptable. But the market goes by headlines, and seeing that headline, the market sold the dollar.