Central banks are way behind the curve - Tip TV

Marc Ostwald, Strategist at ADMISI says the central banks are way behind the curve and the June Fed rate hike is on the cards.

The ECB rate decision is due today. The speculation has gathered pace that Macron rally has paved way for the ECB Taper. Ostwald believes the ECB will refrain from prejudging the results of the second round of the French elections and would reiterate its ultra easy stance; given the core inflation remains low.

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