Inflation could be at target in early 2025The ECB is not behind the curve but risk of cutting rates too late is bigger than cutting too earlyNo reason for rates to stay restrictive in 2025
Lagarde was a bit more dovish today and these comments are as well. I don’t think that puts 50 bps on the table yet but the Dec 12 meeting is a ways away.
This article was written by Adam Button at www.forexlive.com.
