Thursday , 23 January 2025
Home Forex ECB’s Escriva: We still have restrictive policy
Forex

ECB’s Escriva: We still have restrictive policy

  • We need to move to a neutral stance

This follows from his remarks in the previous day here. The ECB will meet next week and is set to cut rates again by 25 bps, with a strong likelihood of another one in March as well. The rate cut for next week is fully priced in currently.

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

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

EURUSD bounces back toward resistance after sellers had their shot and missed

The EURUSD sellers had their shot on Trump tariffs talk early in...

Trump set to sign executive order

Bloomberg earlier reported that Trump would sign an executive order around this...

BofA: Staying cautious on EUR-G10 FX, favor EUR/JPY and EUR/CAD downside

Bank of America maintains a cautious stance on EUR against G10 currencies...

S&P 500 hits a record high, breaking the early-December top

Trump's performance at Davos today was fairly inspirational and showed some vision...