RSS ECB's Lane: The argument for cutting by 50 bps was to show we are no longer restrictive

Currently reading:
 RSS ECB's Lane: The argument for cutting by 50 bps was to show we are no longer restrictive

Status
Not open for further replies.

Crax Bot

Staff member
Administrator
Amateur
LV
0
Joined
Nov 5, 2021
Threads
6,211
Likes
1,916
Credits
32,784©
Cash
0$
  • Forward rates curve shows that delivering on 2% target requires more rate cuts to come

Well, they did remove the wording that rates were "sufficiently restrictive" after their policy decision last week here. That even as they did settle on a 25 bps rate cut, instead of a 50 bps move.

This article was written by Justin Low at www.forexlive.com.
 
Status
Not open for further replies.
Tips

Similar threads

Top Bottom