Friday , 22 November 2024
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ECB’s Nagel: The probability of a June rate cut is increasing

  • German economy fared better than expected in Q1
  • Wage developments have been strong but we expected it to flatten

For one of the more hawkish members, the headline comment is pretty much a concession that they will cut rates in two weeks’ time.

This article was written by Justin Low at www.forexlive.com.

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