See the latest Australian dollar analysis here: Australian dollar drools with Pavlov’s stocksPlenty of sleepless weekends for regulators these days. The price is less than half the 7.4 billion francs Credit Suisse was worth at the close of trading on Friday. Financial sector volatility has raised investor questions about the path of monetary policy and the outlook for growth and inflation. Against this backdrop, we expect a 25bp rate cut along with a halt of QT at the March FOMC meeting. Markets appear to believe the Fed maintains a distinction between monetary policy and macroprudential policy.

Source: Washington Post March 20, 2023 00:13 UTC