Watch: Why A Rate-Cutting ECB Won't Be Too Worried About The Euro
Date
5/16/2024 3:51:59 AM
(MENAFN- ING) Markets expect the European Central bank to start cutting interest rates next month. So, what does that mean for the value of the euro, given that we expect the federal Reserve to only start cutting American rates in September? ING's Francesco Pesole says that divergence is key for markets right now. But soon, they'll have something else to worry about.
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Author:
Francesco Pesole
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