October 18, 2024 at 04:32PM
There sources report yesterday highlighted that there were some on the ECB who wanted to remove references to being restrictive, so there is a dovish push. The market is pricing in a 23% chance of a 50 bps cut in December.
This article was written by Adam Button at www.forexlive.com.
ECB’s Makhlouf: I do not believe rates should have been cut faster