ECB to cut rates, but trade war and fiscal shifts cloud outlook

ECB is widely expected to continue its “regular, gradual” easing cycle today, reducing the deposit rate by 25bps to 2.50%. Markets are still pricing in two more cuts this year, but the path forward has become murkier in light of recent geopolitical and economic shifts. Also, interest rates are approaching neutral levels, making further easing […]

The post ECB to cut rates, but trade war and fiscal shifts cloud outlook appeared first on Action Forex.