It continues to be a case of he says, she says as traders are not buying into the ECB pushback whatsoever. A rate cut for April is still fully priced in for the moment with odds of a March rate cut even sitting at ~24%.
ECB's Villeroy: Too early to declare victory over inflation
- Remarks by ECB policymaker, Francois Villeroy de Galhau, in Davos
