Economists unanimous for ECB rate cut next week but divided for June meeting ...Middle East

All 82 economists surveyed see cut on March 655 of 82 economist see cut to 2.00% by the end of June (compared to 46 of 77 in Jan survey)

The ECB is currently at 2.75% and a cut next week is fully priced in. A further cut in April is 60% priced in while there is just a 26% chance implied by the market of three cuts by the end of June. I think the survey may have failed to capture the recent more-hawkish comments from Schnabel.

This article was written by Adam Button at www.forexlive.com.

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