**As seen in Macro Walk report 12/04/2022, subscribe at cablefxm.co.uk/reports
Monetary conditions have been extending the easing trend seen since October, the Bloomberg FCI for the U.S. remains in tight territory, but it has increased for a seventh consecutive week.
The Bloomberg U.S. FCI is now showing monetary conditions are at the less tight level since early September, this means that the Fed hiking cycle has not made much progress since it started
On the other side of the Atlantic, the equivalent measure for the eurozone show conditions tightening by the most in three months. Among our tracking regions, EU financial conditions continue to stand as the most tight.
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