ECB's Nagel: The probability of a June rate cut is increasing

24/05/2024 | 09:57 GMT

Remarks by ECB policymaker, Joachim Nagel

German economy fared better than expected in Q1
Wage developments have been strong but we expected it to flatten

For one of the more hawkish members, the headline comment is pretty much a concession that they will cut rates in two weeks' time.

ADVERTISEMENT - CONTINUE READING BELOW

Top Brokers

Sponsored

General Risk Warning

Vantage

Open Account

ADVERTISEMENT - CONTINUE READING BELOW

Telegram Community

Gain Access

Bitcoin, ETH, XRP dump as $500M liquidations hit; stocks rally. BTC dips below $90K, traders eye weekly loss.

Decrypt

1h ago

Tax refunds to jump $1K+ in 2026, boosting consumer spending & debt paydown. Watch for economic impact!

MarketWatch

1h ago

Fed's internal split on rate cuts sparks debate! Powell's guidance key as MS eyes 25bps cut, but boost may be limited.

Reuters

2h ago

KO, WMT, SPGI: Dividend Kings with 5yr EPS growth >10%, Strong Buy ratings & upside potential.

Barchart

2h ago

US oil rigs jump 6 to 413! Crude prices eye volatility as supply signals shift. Traders watch inventory data.

Crude Oil Prices Today

2h ago

Cotton futures dump 15-30 pts, managed money net short 74k contracts. Coffee climbs on dry Brazil, wheat falls on supply. Watch these moves!

Barchart

2h ago

Lean hog futures rally $1.05/week; managed money cuts longs. Coffee up on Brazil dryness, wheat down on Russia peace talks.

Barchart

2h ago

Telegram Community

Gain Access

Must Read

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}