- It’s attainable to chop charges later however with greater steps
- Personally desire 25 bps fee cuts to start with although
- Financial system is extra in a stagnation part slightly than recession
- The general image is sweet in the intervening time
It’s once more a case of he says, she says in terms of markets and the ECB in the intervening time. Policymakers are going to return out to say that they have not leaned extra dovishly yesterday however merchants appear to have a special perspective. The chances of a April fee minimize are actually at ~91% and that could be a important step up from ~72% earlier than yesterday.
This text was written by Justin Low at www.forexlive.com.
