3min chapter

UK Investor Magazine cover image

UK interest rates, GBP/USD and other key markets with OANDA’s Craig Erlam

UK Investor Magazine

CHAPTER

The Potential for Divergence in Central Bank Policy

There could be an opportunity here if we see divergence in their policies going forward. I think we have now hit a point when central banks are going to move less in unison. That is going to create more volatility, particularly in FX markets. All of these divergences will start to form as we do fall from peak inflation and see what the different paths back to target are going to be.

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