ECB'S WUNSCH: ECB WOULD NEED MORE CONVINCING TO CUT MORE THAN TWICE IN 2024... dari hagijeee

02 Jul 2024, 13:40 · Views 117

European Central Bank (ECB) Governing Council member Pierre Wunsch noted late on Monday that it would take a notable turn in economic data to convince the ECB to deliver more than two more rate trims in 2024.

Key highlights

We would need convincing to cut more than twice this year.
The Transmission Protection Instrument is to be used if the situation is unwarranted or disorderly.
The ECB won't solve fiscal problems with the use of TPI.
A July cut is an option in theory, in practice we must be cautious.
Market pricing on the ECB rate path looks reasonable.

Penafian: Pandangan yang dinyatakan adalah semata-mata dari pengarang dan tidak mewakili kedudukan rasmi Followme. Followme tidak bertanggungjawab ke atas ketepatan, kesempurnaan, atau kebolehpercayaan maklumat yang diberikan dan tidak bertanggungjawab untuk sebarang tindakan yang diambil berdasarkan kandungan, melainkan dinyatakan secara bertulis secara jelas.

Suka artikel ini? Tunjukkan penghargaan anda dengan menghantar tip kepada pengarang.