ECB’s Stournaras: All available information points to another rate cut in April Adam Button Forexlive RSS Breaking News Feed

Over at Econostream, they have an interview with the ECB’s Stournaras where he offers a dovish take.

“Everything points in the direction of a cut in April,” he said “but this is not April.”

As for terminal rates, he said 1.50% was “too extreme” and that he sees 2.00% in light of German fiscal stimulus announcements.

That’s a dovish take on April as the market is at 64% but the terminal pricing is at 1.89% so that should balance it out.

This article was written by Adam Button at www.forexlive.com.Over at Econostream, they have an interview with the ECB’s Stournaras where he offers a dovish take.”Everything points in the direction of a cut in April,” he said “but this is not April.”As for terminal rates, he said 1.50% was “too extreme” and that he sees 2.00% in light of German fiscal stimulus announcements.That’s a dovish take on April as the market is at 64% but the terminal pricing is at 1.89% so that should balance it out.
This article was written by Adam Button at www.forexlive.com.  Read MoreCentral Banks 

​Forexlive RSS Breaking News Feed