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So as not to overreact to the string of low Inflation Readings that we had in the second half of last year. The recent data have clearly not given us greater confidence and instead indicate that its likely to take longer than expected to achieve that confidence. Todays remarks highlight the different paths being taken by Central Banks around the world, with the european Central Banks Christine Lagarde reaffirming that the ecb was still on track to cut rates. Many people expect the ecb will cut rates injune. Now, the timing of the first rate cut here in the United States this cycle has become a...

So as not to overreact to the string of low Inflation Readings that we had in the second half of last year. The recent data have clearly not given us greater confidence and instead indicate that its likely to take longer than expected to achieve that confidence. Todays remarks highlight the different paths being taken by Central Banks around the world, with the european Central Banks Christine Lagarde reaffirming that the ecb was still on track to cut rates. Many people expect the ecb will cut rates injune. Now, the timing of the first rate cut here in the United States this cycle has become a...

To the string of low Inflation Readings that we had in the second half of last year. The recent data have clearly not given us greater confidence and instead indicate that its likely to take longer than expected to achieve that confidence. Todays remarks highlight the different paths being taken by Central Banks around the world, with the european Central Banks Christine Lagarde reaffirming that the ecb was still on track to cut rates. Many people expect the ecb will cut rates injune. Now, the timing of the first rate cut here in the United States this cycle has become a subject of much debate...