Forex
globalreutersApril 12, 20241 Mins read
ECB to cut policy rates at each and every meeting from June onwards – ABN Amro
globalreutersApril 12, 20241 Mins read Nick Kounis, Head of Financial Markets and Sustainability Research at ABN Amro, notes that the European Central Bank (ECB) President asserted that while the Governing Council would be ‘data dependent’ it was ‘not Fed dependent.’ ECB will cut policy rates at each and every meeting from June on wards “Overall, we think the ECB’s communication is consistent with a start of a rate cut cycle at the June Governing Council meeting.
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