ECB's Escriva: We nonetheless have restrictive coverage
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- We have to transfer to a impartial stance
This follows from his remarks in the day past right here. The ECB will meet subsequent week and is ready to chop charges once more by 25 bps, with a robust probability of one other one in March as properly. The speed reduce for subsequent week is absolutely priced in presently.
This text was written by Justin Low at www.ubaidahsan.com.
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