- Policy should continue with a series of rate cuts at the next meetings
- Our moves should be gradual and cautious based on the available data
- Larger rate cuts should not be ruled out if incoming data warrants it to be the case
- Latest forecasts show inflation reaching 2% target in a sustainable manner from Q2 2025
As the ECB is still on the path of cutting rates further, don’t expect much of a change to the overall narrative. The comments here continue to echo what we already know.
This article was written by Justin Low at www.forexlive.com.
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