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Institution: Tariff Uncertainty May Prompt European Central Bank to Cut Rates More Than Once
Summary: According to reports, analyst Gabriele Foa from Algebris Investments stated that due to tariff uncertainty, the European Central Bank may cut interest rates by more than what the market currently expects. The portfolio manager mentioned, 'Trade tensions and tariff developments may result in the endpoint of the rate-cutting cycle being slightly lower than current market ...
According to reports, analyst Gabriele Foa from Algebris Investments stated that due to tariff uncertainty, the European Central Bank may cut interest rates by more than what the market currently expects. The portfolio manager mentioned, 'Trade tensions and tariff developments may result in the endpoint of the rate-cutting cycle being slightly lower than current market expectations.' Data from LSEG indicates that the money market currently anticipates the ECB to cut rates by another 25 basis points in December. Foa suggested that the spillover effects of tariffs on Europe may take longer to materialize.
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Link: Institution: Tariff Uncertainty May Prompt European Central Bank to Cut Rates More Than Once [Copy]
