Note

ECB’s October rate decision is seen as wide open – Reuters

ia7145
· Views 35



Citing seven sources, Reuters reported on Thursday that the “European Central Bank’s (ECB) October rate decision is seen as wide open.”

Additional takeaways

ECB doves to fight for October rate cut after weak data.

Push for October rate cut likely to face resistance from ECB hawks arguing for pause.

Some sources raised a compromise solution in which rates are kept on hold in October but a strong hint is given about a likely December cut if data doesn't improve. But this would contradict the ECB's "meeting by meeting" approach.



Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

If you like, reward to support.
avatar

Hot

No comment on record. Start new comment.

Content related