Monday , 25 November 2024
Home Forex ECB’s Makhlouf: I do not believe rates should have been cut faster
Forex

ECB’s Makhlouf: I do not believe rates should have been cut faster

There sources report yesterday highlighted that there were some on the ECB who wanted to remove references to being restrictive, so there is a dovish push. The market is pricing in a 23% chance of a 50 bps cut in December.

This article was written by Adam Button at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Belgian business confidence -11.1 vs -12.8 prior

Prior readings in parenthesis:Manufacturing: -16.7 (-18.3) Business-related services: +7.0 (+3.8) Construction: -5.3...

It’s all about Scott Bessent today. Five things to know about the incoming Treasury Sec

Market moves today are dominated by repositioning after Trump nominated Scott Bessent...

Chicago Fed November national activity index -0.40 vs -0.28 prior

This is a composite index of data that's already released so it's...

USD is lower to start the new trading week. Stocks higher. Yields Lower

The USD is lower. US stocks are higher in pre-market futures trading....