ECB’s Patsalides: If Dec projections confirm baseline scenario, there is room to cut rates

  • Approach to rate cuts must be gradual
  • But if December projections confirm baseline scenario, there will be room to cut rates

This just reaffirms their current policy path and a very likely 25 bps rate cut next month.

This article was written by Justin Low at www.forexlive.com.

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