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22 Jan 2025
ECB’s Escrivá: A 25 bps cut next week is a likely scenario
European Central Bank (ECB) policymaker José Luis Escrivá said on Wednesday that “a 25 basis points (bps) cut next week is a likely scenario.”
Additional quotes
ECB needs to wait for hard data to confirm forecasts.
Incoming information points towards converging to 2% inflation goal.
It is unclear whether there will be inflation spillovers from US policy.
To retain full optionality is more important than ever.