It's all relative (to the dollar)

Join Eimear Daly and Paul Robson as they discuss world FX prospects in a year that's sure to be dominated by news from the US. With the latest US inflation figures ever-so-slightly stronger than expected, little has changed for Fed policy. Meanwhile at the European Central Bank, the doves are growing in number, as inflation data has weakened the hawks' position. Does a likely early cut in rates and poor economic data mean the euro will underperform? In the UK, the nature of inflation bears more consideration than the headline rate, whereas in Poland the focus is on keeping borrowing rates steady - and confidence high. Remember to hit ‘follow’ so you can listen to the latest episode in this series as soon as they're available and navigate to natwest.com/yearahead to get our views on the big themes and events moving markets and shaping the economy in 2024. NB: This was recorded on 3 January 2024. For any terms used please refer to this glossary:  https://www.natwest.com/corporates/insights/markets/glossary.html Please view our full disclaimer here: https://www.natwest.com/corporates/disclaimer.htmlPlease note that captions are automatically generated.