ECB's Holzmann: A charge lower shouldn’t be a foregone conclusion for me in any respect

• Newest knowledge exhibits inflation nicely above 2% in December
• That may probably even be the case for January
• ECB dangers hurting its credibility if it cuts charges when inflation rises sooner than initially thought

It is a slight suggestion that the pathway is not going to be as easy. But it surely’s just about a on condition that they are going to be chopping later this month, regardless of his headline comment. As issues stand, markets are pricing in back-to-back 25 bps charge cuts for January and March at present.

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



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