Easing price pressures and a stagnant economy will likely see the ECB cut rates in Q2 with more to follow if recent central bank rhetoric is to be believed
The European Central Bank will cut rates in the second quarter of the year and will continue to cut borrowing costs during the second half of the year if recent central bank rhetoric is to be believed. The financial markets certainly think that this is the most likely scenario and that is going to weigh on the euro in the weeks and months ahead.
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