ECB's Patsalides: If Dec projections affirm baseline situation, there’s room to chop charges
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- Method to charge cuts should be gradual
- But when December projections affirm baseline situation, there will likely be room to chop charges
This simply reaffirms their present coverage path and a really possible 25 bps charge minimize subsequent month.
This text was written by Justin Low at www.ubaidahsan.com.
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