Saturday, 8 June 2024

Weekly Focus – ECB in No Rush to Commit to Further Ccuts

by BD Banks

Weekly Focus – ECB in No Rush to Commit to Further Ccuts

The ECB delivered the widely anticipated first 25bp rate cut but kept its forward-looking guidance vague. Lagarde noted there was a ‘strong likelihood’ the ECB would dial back the restrictiveness of their monetary policy going forward but was not ready to pre-commit or even discuss the possible timing of the next cut. The updated economic […]

The post Weekly Focus – ECB in No Rush to Commit to Further Ccuts appeared first on Action Forex.

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