Daily Market Review: ECB Appears More Hawkish than Expected, US CPIs Accelerate Further
Channel: JFD Brokers
Date: 2022-03-11

Daily Market Review by Charalambos Pissouros

The main events on yesterday’s agenda were the ECB decision and the US CPIs for February, with both of them prompting #market participants to bring forth their bets with regards to #rate increases by the ECB and the #Fed. The ECB announced it will end its APP sooner, without signaling any delay in rate increase, while the US CPIs kept accelerating, with the underlying rate beating estimates notably.

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