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Jackie Bowie previews central bank moves this fall between the Fed, the BoE, and the ECB on Bloomberg Surveillance Radio

Date:
September 3, 2024

Summary

During a recent trip to New York, Jackie Bowie visited the Bloomberg Surveillance studio to discuss market expectations for upcoming central bank moves in the U.S., U.K., and Europe.

Bloomberg Surveillance with Jackie Bowie

With the Bank of England (BoE) and the European Central Bank (ECB) having already cut their interest rates in August, Jackie Bowie discussed the messaging from those central banks, especially as markets price in a rate cut from the Federal Reserve meeting later this month. Their conversation turned to what opportunities might arise given the gap between interest rate policies among central banks in Europe and the U.S. and if service inflation will continue to remain high.

“The general message coming from both those central banks is this is not the beginning of a series of consecutive cuts. It's still very much caution, and that's really around whether inflation is hitting that target.”

Jackie Bowie on Bloomberg Surveillance

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