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UBS On-Air: Market Moves

UBS On-Air: Paul Donovan Daily Audio 'Cutting rates, and signaling rate cuts'

23 Oct 2024

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ECB President Lagarde is set to speak again. It is very unlikely that the last 24 hours have changed the world view of the ECB president. The tone of yesterday’s remarks signaled the direction of travel for Euro area rates was clear, though there was an attempt to insert some ambiguity about the pace of easing.

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