Friday , 7 February 2025
Home Forex ECB’s Holzmann: A rate cut is in preparation
Forex

ECB’s Holzmann: A rate cut is in preparation

  • But the timing of the rate cut is unclear
  • We are data dependent
  • There are many who believe that developments in June will be such that we can cut at the time
  • My view is that inflation is stickier than those people believe, which is why I am waiting for June data

Hmm, is he alluding to a move in July instead? For now, he seems to be the only one with a bit of vagueness in his remarks. Most of the other policymakers at the ECB are leaning towards June. And unless the data suggests otherwise, markets will continue to price in the first move for June as well.

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Your email address will not be published.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

Forexlive Americas FX news wrap 7 Feb: US jobs remains solid.Inflation expectations rise

Major US stock indices close sharply lower.US consumer credit for December $40.85B...

Major US stock indices close sharply lower.

The major US stock indices are closing sharply lower for the day....

For the trading week, the USD is ending mostly lower.

The USD moved sharply higher at the start of the week on...

US consumer credit for December $40.85B vs $12.35B estimate

Prior month -$7.49 B revised to -$5.37%US consumer credit for December came...