December 04, 2024 at 01:34PM
We are therefore not pre-committing to a particular rate path
The medium-term economic outlook is uncertain
Growth will be weaker in the short term
Further ahead, the eurozone economic recovery should start to gather steam
The market has been reading the signals from ECB policymakers and data and now sees just an 8% chance of a 50 bps cut.
This article was written by Adam Button at www.forexlive.com.
ECB’s Lagarde: Inflation expected to temporarily rise in Q4 and decline next year