ECB's Nagel: I favor a gradual, cautious approach to rate cuts- I have no objection to a rate cut next week but reserve judgement until the meeting
There is very clearly a coordinated ECB effort to clam down on any expectations of 50 bps next week.
This article was written by Adam Button at www.forexlive.com.
Source: ECB's Nagel: I favor a gradual, cautious approach to rate cuts (https://www.forexlive.com/centralbank/ecbs-nagel-i-favor-a-gradual-cautious-approach-to-rate-cuts-20241204/)
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