Steno Research

Steno Research is a new macro and geopolitical research house. We are based out of Copenhagen, Denmark, but have an international team and a strong network of sources and partners around the world. The team is lead by Andreas Steno, previous global head of strategy at Nordea Bank, and Mikkel Rosenvold, former chief consultant in the Danish Ministry of Finance.

Macro and Geopolitical Research House

ECB & Fed Watch: Closing in on ECB Rate Cuts, While the Fed Is Not Done Hiking

Head of Research and Global Chief Strategist, Steno Research

Andreas Steno

Head of Research and Global Chief Strategist

Macroeconomics

<ul><li>The ECB is currently in motion, taking gradual steps towards a potential interest rate cut.</li><li>This development signifies a noteworthy acknowledgment of the disinflationary pressures, which have proven to be stronger than initially anticipated by the ECB.</li><li>Lagarde even acknowledged progress on disinflation compared to the December baseline just over the past few weeks.</li></ul>

The ECB is currently in motion, taking gradual steps towards a potential interest rate cut.This development signifies a noteworthy acknowledgment of the disinflationary pressures, which have proven to be stronger than initially anticipated by the ECB.Lagarde even acknowledged progress on disinflation compared to the December baseline just over the past few weeks.

ECB Watch: The ECB is likely wrong on all major parameters