23 December 2024 EZ Monitor What would it take for the ECB to slash rates by 50bp in January?
19th Dec 2024 19:20EurozoneWeekly Monitor
- President Lagarde said data in coming months—not weeks—will offer clarity on the ECB’s next moves.
- This lowers the chance of a 50bp rate cut in January; we think the Bank will opt for a smaller 25bp cut.
- Three conditions, though, may push the Bank to make the next cut a jumbo one.
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