January 23, 2025 at 10:41AM
We need to move to a neutral stance
This follows from his remarks in the previous day here. The ECB will meet next week and is set to cut rates again by 25 bps, with a strong likelihood of another one in March as well. The rate cut for next week is fully priced in currently.
This article was written by Justin Low at www.forexlive.com.
ECB’s Escriva: We still have restrictive policy