Central bankers to stage dovish view as economic data continues to vex

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Central bankers get a chance to flesh out their increasingly dovish outlooks for monetary policy this year as economic data continue to disappoint.

The US Federal Reserve will on Wednesday publish minutes from its recent meeting, which will likely show how much conviction there was among policy makers to suspend their interest rate hiking campaign. Fed officials John Williams, Richard Clarida and Randal Quarles are among those speaking on Friday.

“Policy makers over-corrected in a dovish direction in January,” said Carl Riccadonna, chief US economist at Bloomberg Economics. “However, the dovish tone of the meeting statement may not necessarily reflect a universal