Foreign ministry officials here also said cautiously there would be no major changes in the U.S.'s North Korea policy and cooperation between Seoul and Washington, considering Pompeo has been well aware of the situation surrounding the Korean Peninsula, regardless of whether he is hawkish or
dovish.
"BSP's
dovish bias through a cut in RRR would likely weaken the peso," Cuyegkeng said, adding that the reduction "supports the view of greater tolerance towards a weaker currency."
Therefore, the market response to the
dovish Fed may be overdone and markets could have set themselves up for a hawkish surprise down the line.
"What caught our attention the most was that it was a hawkish stance and a
dovish statement."
The issue is that reoccurring
dovish views on inflation will continually push back any UK interest rate expectations, with this consequently weighing on investor attraction and preventing the Sterling from rallying further.
Asian markets appeared headed for some brief turbulence on Thursday after the US Federal Reserve's latest policy outlook was deemed less
dovish than some had wagered on.
More and more, industry speculators have been searching for "
dovish" tones in central bank statements as a way of gauging the level of confidence in the underlying economy.
but the bias might tilt slightly to the
dovish side.
Summary: OCCUPIED JERUSALEM: A
dovish US Jewish group says more than 150 film and theater artists have signed a letter of support for Israeli actors who refused to perform in an occupied West Bank settlement.
In the lead-up to the March Federal Open Market Committee meeting, financial markets were full of rumors that the highly regarded former Fed staffer, now Vice Chair, had turned ominously
dovish toward the U.S.
Goldman Sachs economist David Walton will take over from Marian Bell on the Bank of England's interest-rate setting Monetary Policy Committee from July 1, depriving the panel of one of its most
dovish members.
The conservative Uribe has cracked down on rebel guerrilla groups more so than his
dovish predecessors.
