External broker reports(aggregated public sources), Nordea

Nordea

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External broker reports(aggregated public sources)

FX & Rates

<ul><li>The ECB is pushing back against aggressive rate cut expectations.</li><li>Several ECB Governing Council (GC) members have spoken against early rate cuts recently and today ECB President Lagarde joined the chorus.</li><li>In a Bloomberg interview, she said she would expect a rate cut this summer, but risks would be going too fast and having to come back to more tightening and thus having wasted all the efforts over the last 15 months.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The ECB is pushing back against aggressive rate cut expectations.Several ECB Governing Council (GC) members have spoken against early rate cuts recently and today ECB President Lagarde joined the chorus.In a Bloomberg interview, she said she would expect a rate cut this summer, but risks would be going too fast and having to come back to more tightening and thus having wasted all the efforts over the last 15 months.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

EURO/US DOLLAR

EUR Rates: Pushing Back