ECB’s Holzmann says will cut rates if circumstances inflation allow for it

October 24, 2024
-FCHFX

October 24, 2024 at 06:53AM

A 25 bps rate cut in December is not ruled out

But it is not fully decided just yet

I reckon it is pretty much a given unless there are upside surprises to both economic and inflation data in the weeks ahead. Otherwise, one or the other should likely validate another rate cut. But significant downside surprises to either or both could even accelerate the notion of a 50 bps move. So, that’s the predicament right now.

This article was written by Justin Low at www.forexlive.com.

ECB’s Holzmann says will cut rates if circumstances inflation allow for it

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