Thursday, August 17, 2017

FW: [Maybank] Inflation Concerns

 

GBL: Inflation Concerns

Global Markets Daily
by Saktiandi Supaat

FX Research

The USD weakened against most currencies overnight, weighed (again) by concerns over inflation, expressed in the Minutes of the FOMC meeting in Jul and to some extent, some whispers of Draghi not bringing a new policy message at Jackson Hole. Markets decidedly latched on to the fact that some participants were concerned about the "recent decline in inflation, which had occurred even as resource utilization had tightened". In contrast, others were more worried about inflation overshooting ...

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