ECB's Šimkus backs one other 25 bps price lower in March
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- Sees a pair extra price cuts after March as effectively
- We will permit for looser financial coverage
- We nonetheless have house left earlier than reaching impartial price
- Trump tariffs enhance uncertainty
This suits with what his colleague Kažimír is saying right here in addition to the present market pricing. For what’s left of the 12 months now, merchants are seeing ~85 bps of price cuts in whole. That is a little bit of a step up after Trump’s tariffs escalation over the weekend.
This text was written by Justin Low at www.ubaidahsan.com.
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