The revised forecast in skipping a rate cut later this month fits with market expectations at least. However, two rate cuts for the remainder of the year is not quite. As things stand, traders are only pricing in ~25 bps worth of rate cuts i.e. just one more by year-end. The ECB has communicated their intentions to pause through the summer but are yet to say anything about September. It's all on the data and US-EU trade negotiations.
This article was written by Justin Low at www.forexlive.com.Hence then, the article about citi now sees the ecb cutting policy rates in september and december next was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Citi now sees the ECB cutting policy rates in September and December next )
Also on site :
- Emmylou Harris, Elvis Costello and More to Honor Country-Rock Legend With Special Show, 53 Years After He Died at Just 26
- Bring a Burst of Cheer to Your Cooking With Aldi’s Sweet 2-Piece Kitchen Essential for Only $4
- Kroger and LG Sued for Allegedly Using Dog-Themed ‘Cheese Tax’ TikTok Song Without Licenses