ECB sources: Policymakers count on an additional reduce in March adopted by a deeper debate
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- Three sources say policymakers count on an additional reduce in March
- Anticipate a broader, deeper debate after that, presumably implying an April pause
Forward of this report, the market was pricing in an 84% likelihood of an ECB reduce in March so it isn’t a shock. The euro is little modified on the headline.
This text was written by Adam Button at www.ubaidahsan.com.
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