ECB's Kazāks: In my opinion, fee cuts should proceed

• We see that inflation downside will quickly finish

Once more, all of this simply reaffirms a 25 bps fee reduce for this month. As issues stand, merchants are pricing in a ~76% likelihood of that with the rest tied to a 50 bps transfer.

This text was written by Justin Low at www.ubaidahsan.com.



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