Wednesday , 18 December 2024
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ECB’s Rehn: Monetary policy will cease to be restrictive during late winter, early spring

  • We need to be prepared for situation where EU could be faced with higher tariffs
  • Should have more information about US trade policy decisions by next ECB meeting
  • I find it right to continue with rate cut cycle once the new year starts

In other words, meaning after the next two policy meetings in January and March. As things stand, markets are expecting them to cut by 25 bps each in those meetings.

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

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