European Central Bank to cut rates by 25bp today – here’s a ‘cheat sheet’ | Forexlive
Ahead of each European Central Bank meeting ING distribute their awesome ‘cheat sheet’. Preamble: ECB widely expected to cut by 25bp after the recent inflation slowdown We explore how a market positioned for a predictable outcome could react to a surprise hold or more dovish guidance. We retain a bias for higher front-end EUR rates,…