Tuesday, 26 November 2024

ECB’s Lane: Gradualism is not a universal principle, some times require stronger response

by BD Banks

  • Flexible meeting by meeting approach assures that we remain responsive
  • Gradualism is not a universal principle, some circumstances require a stronger response
  • It is essential that we are agile in respond to risks that might crystallize
  • We must remain open-minded about the speed and scale of rate moves

The market is 50/50 on whether we will get 50 bps on Dec 12 but this sound like someone who is putting that on the table.

This article was written by Adam Button at www.forexlive.com.

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