Friday , 11 October 2024
Home Forex ECB’s Nagel: The probability of a rate cut before the summer break is increasing
Forex

ECB’s Nagel: The probability of a rate cut before the summer break is increasing

  • Does not see any automatism in rate cuts
  • A June rate cut has a higher probability than one in April

The ECB will break for the summer right after its July meeting. So, if even the more hawkish members are compliant with a June move, it is pretty much a done deal now. That is barring any major shocks or surprise developments in the next two months.

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Your email address will not be published.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

JP Morgan projects US inflation to gradually return to Fed target rate

The US inflation data released Thursday was higher than expected:;US September CPI...

‘Bond king’ Bill Gross says stock market’s record-setting run will slow

Dow Jones / Market Watch with the comments from ex-PIMCO Bill Gross,...

Barclays on the risk of $15 jump higher for oil prices

Barclays analysts suggest that a potential Israeli strike on Iranian oil production...

EUR/USD falls back as US CPI inflation data prints above expectations

EUR/USD managed to maintain a finger grip on chart paper north of...