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ECB's Schnabel: We cannot pre-commit to a particular rate path

ECB's Schnabel: We cannot pre-commit to a particular rate path

Central Banks
Justin Low
07/06/2024 | 08:07 GMT
  • Schnabel echoes the exact same words from Lagarde yesterday
  • The future inflation outlook remains uncertain

Expect this to carry on to the July meeting as well. That being said, it does not rule out another rate cut in September next at the earliest. It all depends on the data in the next few months.

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