Wednesday , 18 December 2024
Home Forex ECB’s Rehn: Monetary policy will cease to be restrictive during late winter, early spring
Forex

ECB’s Rehn: Monetary policy will cease to be restrictive during late winter, early spring

  • We need to be prepared for situation where EU could be faced with higher tariffs
  • Should have more information about US trade policy decisions by next ECB meeting
  • I find it right to continue with rate cut cycle once the new year starts

In other words, meaning after the next two policy meetings in January and March. As things stand, markets are expecting them to cut by 25 bps each in those meetings.

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Your email address will not be published.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

ECB’s Wunsch: There is no appetite to change inflation target

We're not going to make up for what is difficult on the...

ECB’s Wunsch: Impact of tariffs depends on reaction in the exchange rate

A larger euro depreciation would cushion the impact of tariffs on growthBut...

What are the main events for today?

The main highlight in the European session was the UK CPI report...

Japan tops annual visitor record in just 11 months this year

The number of foreign visitors in November was 3.19 million, just slightly...