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ECB’s Kažimír: Latest rate cut moves us closer to our destination

  • But we are not quite there yet
  • Forecasts, services inflation, wage developments will navigate what will happen in April and beyond

Notice the wording that he says “April and beyond”. In essence, a rate cut in March looks to be a given at this point. And traders are in agreement with that. The rates market is pricing in ~97% odds of a 25 bps move for March currently.

This article was written by Justin Low at www.forexlive.com.

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