- No fixed position on future rate decisions.
- Decisions will depend on data.
- Believe in pragmatism and agility on monetary policy.
As a reminder, the ECB cut interest rates by 25 bps as expected recently and President Lagarde mentioned that they are near the end of their easing cycle. There are still expectations for one last rate cut and the market sees it coming in December.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
