ECB’s Makhlouf: Asked about 50 bps cut, says he prefers to move cautiously

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December 4, 2024
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ECB’s Makhlouf: Asked about 50 bps cut, says he prefers to move cautiously

Data in recent weeks has reinforced view that prudence and caution are needed

The market is pricing in just an 8% chance of a 50 bps cut on December 12.

This article was written by Adam Button at www.forexlive.com.

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