ECB’s Nagel: I favor a gradual cautious approach to rate cuts

December 04, 2024 at 05:13PM

I have no objection to a rate cut next week but reserve judgement until the meeting

There is very clearly a coordinated ECB effort to clam down on any expectations of 50 bps next week.

This article was written by Adam Button at www.forexlive.com.

ECB’s Nagel: I favor a gradual cautious approach to rate cuts