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Eddy's Weekly Market Insight

Friday, 13 September 2024

Eddy's Weekly Market Insight

The ECB has recently reduced its short-term interest rate from 4% to 3.5%, while in the U.S., the rate remains at 5.375%. The difference in economic conditions between the two regions doesn't fully justify this nearly 2% gap. However, markets have been anticipating that the Fed will also lower rates soon, though the pace of this change is uncertain. Looking at the ECB for comparison, the markets expect….
Edward Markus, Founder & Chief Economist

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