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The relief rally spreading through Asian markets is set to sweep into Europe at the open, with the FTSE in particular set for a 1% pop. Following June though, reductions should be at a "pragmatic pace."
Frankfurt: There’s one thing European Central Bank (ECB) officials seem to agree on – that a first cut in interest rates will probably be delivered in June.
European Central Bank
officials are sticking to plans to cut interest rates multiple
times this year, even as higher U.S. inflation delays a pivot to
looser policy by the U.S. Federal Reserve and.
A look at the day ahead in European and global markets from
Kevin Buckland The relief rally spreading through Asian markets is set to
sweep into Europe at. -April 22, 2024 at 12:30 am EDT
- MarketScreener