ECB's Nagel: Holding charges is smart after eight cuts
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- Financial outlook has improved barely since June.
- Regular-hand coverage is acceptable amid uncertainty.
The principle theme now for the ECB is holding charges regular so long as essential and they’re going to want robust adverse causes to ship extra. The market is now seeing a 50/50 likelihood of 1 final fee minimize by year-end in December.
This text was written by Giuseppe Dellamotta at investinglive.com.
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