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

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Economists unanimous for ECB rate cut next week but divided for June meeting
source : forex live ( Middle East ) () 52
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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