Inflation Will be “Sticky” at 4%!
Inflation Will be “Sticky” at 4%!
Richard Matthews from Pardus FX meets with Blake Morrow to discuss the markets as we kick off 2023.
He’s looking for #inflation to come down, but 4% he is expecting it to be “Sticky” therefore central banks will have to keep #rates high.
He also thinks China reopening will be inflationary for the world.
He thinks being short #GBP against EURUSD still makes sense, and portfolios to stay long mostly US Dollars.
#trading_news #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #Richard_Matthews #BoE #GBP #PardusFX #fomc #ecb
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