Friday , 22 November 2024
Home Forex Vast majority of economists see ECB cutting rates in June – poll
Forex

Vast majority of economists see ECB cutting rates in June – poll

An poll of 97 economists following the ECB showed a strong consensus towards a cut in June. All but 6 of them are forecasting a cut in June, which is exactly what many ECB Governing Council members have foreshadowed.

How much they cut this year is more of a debate with 59 seeing 75 bps or less of cuts this year and 38 seeing 100 bps or more.

The euro is struggling today despite improving risk sentiment. It’s down 23 pips to 1.0630 and very close to the session lows.

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Your email address will not be published.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

Australian economy – household income has collapsed back to 2009 levels

This is via Roger Wilkins, an economist at The University of Melbourne.A...

ICYMI – SEC Chair Gensler to Depart Agency on January 20

The US Securities and Exchange Commission announced on Thursday that its Chair,...

Deutsche Bank: EUR/USD could fall below parity, potentially reaching 0.95 or even lower.

A note from Deutsche Bank analysts see them warning that a full-force...

Australia preliminary manufacturing PMI November 49.4 (October was 47.3)

Australia Judo Bank / S&P Global data. Mixed bag, up for manufacturing...