- We are in a moment of great economic uncertainty
- But does not see any extra inflation in the region
- Does not anticipate a recession in France, Europe
- Trump’s policies, US protectionism are not working
The ECB is set to meet in June next and market players are slowly warming up to the idea of another rate cut. As things stand, the odds of that are ~64% priced in at the moment.
This article was written by Justin Low at www.forexlive.com.