Saw this while slacking off: ECB Governing Council member and Bundesbank President Nagel: We cannot rule out the possibility that another rate hike may be needed.
Whenever major news breaks, I go through the same cycle: excitement โ†’ hesitation โ†’ missed the move โ†’ review. This time was no different. Macroeconomic news has a big impact on intraday volatility; its long-term impact depends on the data that follows.
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