Will Rate Decisions Rattle Markets?

Will Rate Decisions Rattle Markets? Justin Burkhardt | FXFocus.com  A zero sum game. That's where the central planning has taken us. Rate decisions tomorrow at the BOE and ECB could rattle the markets as traders look for direction in a directionless world. Speculation is heightening over tomorrow’s ECB rate decision after newly released data reveals that the Euro-zone contracted in the fourth quarter of 2012 confirming that the region is officially in a recession. There two pools of investors with opposing expectations on the outcome of tomorrow’s policy meeting. The first pool believes that today’s data is justification enough to hold interest rates steady while the second pool rationalizes a quarter of a percent rate cut (from 0.75% to 0.50%) to prop up the EU’s dwindling economic state. With the EU’s economic data in the pits as of late, the ECB will be forced to consid...