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ECB’s Rehn: There are reasons to continue cutting rates in December
globalreutersDecember 2, 20241 Mins read There is no way ECB rates need to be at 3.25%. Germany is facing structural pressures, France is a political mess, a trade fight with Trump is coming and there is little growth anywhere.
The only good thing you can say about the euro is that it’s so hated that it could squeeze higher and that European equities are cheap.
This article was written by Adam Button at www.forexlive.com.
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