Monday , 3 February 2025
Home Forex ECB’s Kažimír: Latest rate cut moves us closer to our destination
Forex

ECB’s Kažimír: Latest rate cut moves us closer to our destination

  • But we are not quite there yet
  • Forecasts, services inflation, wage developments will navigate what will happen in April and beyond

Notice the wording that he says “April and beyond”. In essence, a rate cut in March looks to be a given at this point. And traders are in agreement with that. The rates market is pricing in ~97% odds of a 25 bps move for March 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Your email address will not be published.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

United States ISM Manufacturing Prices Paid came in at 54.9, above expectations (52.6) in January

United States ISM Manufacturing Prices Paid came in at 54.9, above expectations...

United States Construction Spending (MoM) above forecasts (0.1%) in December: Actual (0.5%)

United States Construction Spending (MoM) above forecasts (0.1%) in December: Actual (0.5%)

United States ISM Manufacturing PMI registered at 50.9 above expectations (49.8) in January

United States ISM Manufacturing PMI registered at 50.9 above expectations (49.8) in...

United States ISM Manufacturing Employment Index up to 50.3 in January from previous 45.3

United States ISM Manufacturing Employment Index up to 50.3 in January from...