- Victory against inflation is in sight.
- The inflation target may be reached in early 2025.
- Our interest rates should clearly go to the neutral rate.
- We still have significant room to remove the restrictive stance of our monetary policy.
- I wouldn’t exclude going below the neutral rate in the future.
- There is every reason to cut on December 12th, optionality should remain open on the size.
- For the following meetings, we shouldn’t exclude any of them for possible cuts.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
