ECB's Makhlouf: I do not believe rates should have been cut faster

18/10/2024 | 15:32 GMT

Comments from the ECB's Makhlouf

There sources report yesterday highlighted that there were some on the ECB who wanted to remove references to being restrictive, so there is a dovish push. The market is pricing in a 23% chance of a 50 bps cut in December.

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