- Inflation will proceed to decelerate
- We can decrease rates of interest
- Reducing rates of interest ought to occur “some time” in 2024
This is among the extra dovish commentary ever because the ECB coverage assembly final week. Villeroy is breaking the ranks a bit by suggesting fee cuts for subsequent yr and being imprecise in regards to the timing of it. That can hold merchants hopeful that their pricing is on the cash for a transfer both in March or April.
This text was written by Justin Low at www.forexlive.com.
