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ECB's Nagel: I favor a gradual, cautious approach to rate cuts

ECB's Nagel: I favor a gradual, cautious approach to rate cuts

Central Banks
By Adam Button
04/12/2024 | 17:13 GMT
  • More hints at 25 bps
ECB's Nagel
ECB's Nagel
  • I have no objection to a rate cut next week but reserve judgement until the meeting

There is very clearly a coordinated ECB effort to clam down on any expectations of 50 bps next week.

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