- It is irrational to commit to future rate decisions
- The direction of travel has not changed
This offers a bit more compared to Lagarde’s remarks but it seems at this stage, the ECB is not going to give much away ahead of their next decision in April. If anything, I reckon that sides more towards a pause but we’ll see how things go in the next two to three weeks.
This article was written by Justin Low at www.forexlive.com.
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