Here is what you need to know on Tuesday, March 19: The volatility surrounding the Japanese Yen and the Australian Dollar heightened during the Asian trading hours on Tuesday as investors assessed the monetary policy announcements from the Bank of Japan and the Reserve Bank of Australia . Later in the day, ZEW Survey from Germany and Consumer Price Index data from Canada will be watched closely by market participants.
noted that higher interest rates are working to establish a more sustainable balance between aggregate demand and supply in the economy. While there are encouraging signs that inflation is moderating, the economic outlook remains uncertain, the Governor sheds light on interest rate path after standing pat.
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