Hawkish

A hawkish BoE should continue to support the British pound.

As we've said all week, Powell has every reason to stay hawkish - inflation is still running north of 4%, too far from the 2% target for comfort - but the fact remains we're still likely closer to the end of this hiking cycle than the beginning.

At the same time, if Powell is not considered “hawkish enough” by currency traders at Jackson Hole, the dollar may ease to around 145 yen to end the week, he said.

BoE's Mann: The Fed and the ECB have been quite hawkish.

But don’t be surprised if guidance is more hawkish than last month – inflation is sticky, the U.S. policy outlook has shifted dramatically, and the won has slumped 7 percent in the last two weeks.

But the Bank's hawkish approach to inflation is coming at a high cost to output, growth and prosperity.

But the market reaction, including what may turn out to be the largest drop in Italian 10-year yields for almost three years, suggests such hawkish rhetoric is starting to fall on deaf ears.

By being less hawkish than its global counterparts, the bank hopes to remain on the right side of history.

By their reckoning, the damage from 10 straight increases has been done and the collapse of three US lenders in March was just a taste of the bigger crisis to come as central banks stay hawkish until something else breaks.

Comments are so far not that hawkish.

Financial Times: In a highly anticipated speech on Friday, the chair of the US Federal Reserve at times struck a hawkish tone, pointing to the central bank's readiness to maintain a "restrictive" policy to bring inflation down to its 2 per cent target.

For 2023, we would expect EUR correlation to broadly rise on the back of hawkish ECB driving Eurozone periphery debt risk higher.

Global equities rose on Monday as talks in Washington resumed to avert a U.S. default, and gold prices retreated under pressure from hawkish remarks by Federal Reserve officials.

Hawkish is a term used to describe Fed officials who take a strong stance on combating inflation despite the downside risks to the economy.

In currency markets, the dollar index rose 0.90% to 105.15 as investors navigate between the Fed’s hawkish tone and the support for riskier currencies driven by China’s reopening.

Indeed, in comments on Tuesday, Bowman took a markedly hawkish stance on future monetary policy.

Kennedy can be forceful in denouncing aspects of U.S. militarism – making valid points about hawkish foreign policies that shun diplomacy while enriching military contractors.

LCCI maintained that the consistent hawkish stance by the monetary authority shows that in the last 12 months, the benchmark rate has increased from 11.5 per cent to 18.5 per cent.

Most well-known for his hawkish foreign policy views, he ironically found himself in the minority for the first time in decades after the 1980 Reagan landslide.

Overall, the big hawkish flip seen in May due to hot economic data, started to reverse recently as Fed members expressed preference for a skip at this FOMC meeting and the economic data started to disappoint.