Monday , 25 November 2024
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ECBs Stournaras: Two more rate cuts in 2024 seems reasonable

ECBs Stournaras is saying:

  • Two more rate cuts this year it seems reasonable
  • Recent data strengthens the case for more cuts a little
  • Rates will still be restrictive, after two more cuts
  • Service inflation shouldn’t be over-interpreted

A bit more dovish than others.

This article was written by Greg Michalowski at www.forexlive.com.

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