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Market Data Network

DIVERGING ECB VIEWS INCREASES UNCERTAINTY

Post Date: 23 April 2024

ECB comments on the path beyond June are become more dispersed, with the hawks warning it is premature to discuss cuts beyond June, while some doves now flag more than 100bp of cuts as a possibility. To us this implies the outlook beyond June is less anchored overall, meaning it could be more prone to correct higher near-term if US rates push on upwards


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