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globalreutersOctober 23, 20241 Mins read
ECB’s Panetta: We have clearly seen an improvement in the inflation outlook
globalreutersOctober 23, 20241 Mins read - The economy is clearly weakening
- The environment is conducive to further cuts
- I wouldn’t take for granted that we will stop at the neutral rate
There were a handful of ECB officials out yesterday with similar comments. The market is pricing in a 20% chance of a 50 bps cut on Dec 12 with ongoing priced to bring the ECB into the 1.75-2.00% range.
This article was written by Adam Button at www.forexlive.com.
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