National Australia Bank’s analysis team points out that the US Fed is indicating that it will be patient and NAB don’t expect any rate hikes this year. Key Quotes “We think one is probable in 2020 if, as expected, unemployment stays low and inflation gradually rises.” “The ECB also shifted its stance, providing a new funding package for banks and delaying the time when rate hikes might be considered (from ‘the summer of 2019’ to end 2019).” “The BoJ is in a more difficult situation as it is not sure policy loosening would make things better given possible impact of lower rates on the health of financial institutions.” “While forecast growth for the UK looks modest at best. Brexit has lowered the UK’s growth potential and the BoE expects inflation to eventually move slightly above target, requiring ‘gradual’ and ‘limited’ tightening. However, any action before a Brexit deal passes parliament is unlikely.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD rebounds from 1.3200 neighborhood, focus remains on Article 50 extension vote FX Street 4 years National Australia Bank's analysis team points out that the US Fed is indicating that it will be patient and NAB don't expect any rate hikes this year. Key Quotes "We think one is probable in 2020 if, as expected, unemployment stays low and inflation gradually rises." "The ECB also shifted its stance, providing a new funding package for banks and delaying the time when rate hikes might be considered (from 'the summer of 2019' to end 2019)." "The BoJ is in a more difficult situation as it is not sure policy loosening would make things better given possible impact of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.