NAB – The Morning Call · Fed minutes trumped by ECB strategy review

Fed minutes trumped by ECB strategy review

Thursday 8th July 2021

The FOMC minutes were released this morning, but a more significant central bank release could be out later in the day. Christine Lagarde is said to be revealing the outcome of the ECB’s extensive strategy review. NAB’s Gavin Friend talks to Phil Dobbie about what’s likely to be in it and how much of it could be market changing. The Fed minutes meanwhile, had little impact on the markets, which continue to exercise caution as further data suggests a slow down in the speed of the global economic recovery.   

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