MondayECB’s Vujcic (neutral – voter) confirmed that the tightening cycle has ended, and the ECB will now hold rates steady for as long as necessary to get back to their 2% inflation target:We have finished with the process of raising interest rates for now.At this moment we see that inflation is falling, we have a disinflation process. And after we conducted a series of measures to dampen lending, it has fallen. Confident inflation will hit the ECB target by 2025.The Australian Retail Sales beat expectations:Retail Sales M/M 0.9% vs. 0.3% expected and 0.2% prior.Retail Sales YoY 2.0% vs. 1.6% prior.ECB’s Kazimir (hawk – voter) confirms the ECB’s current “wait an
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