Jonathan Cook
on July 23rd, 2024 The European Central Bank’s (ECB) Francois Villeroy de Galhau used an interview on French radio to say market expectations of two further interest rate cuts this year were ‘reasonable’. The euro continues to struggle with the expectation that the ECB will cut rates more aggressively than the Bank of England or the Federal Reserve.
GBP/EUR: the past year
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