Euro area growth is projected to be sluggishSees downside risks to growthWaiting on December projections for a better picture of where we stand
So far, he’s not saying anything to jolt market pricing. And that’s the other main consideration for any of their communications before making policy decisions. As such, a 25 bps rate cut in December remains the likeliest option at this stage. EUR/USD remains down 0.2% on the day at 1.0626 currently.
This article was written by Justin Low at www.forexlive.com.
