Wednesday , 22 January 2025
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ECB’s Escriva: a 25 bps cut next week is a likely scenario

  • A 25 bps cut next week is a likely scenario.
  • ECB needs to wait for hard data to confirm forecasts.
  • Incoming information points towards converging to 2% inflation goal.
  • It is unclear whether there will be inflation spillovers from US policy.
  • To retain full optionality is more important than ever.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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