Christopher Nye
on December 13th, 2024 With growth in the eurozone lethargic, the ECB has been one of the more aggressive central banks throughout 2024. In yesterday’s press conference, Lagarde noted that some policymakers had initially plumped for a larger 0.5% cut to interest rates. Although the vote was eventually unanimous, the outlook for the euro looks tough with the ECB expected to move faster than the Bank of England and the Federal Reserve.
GBP/EUR: the past year
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