The possibility that the European Central Bank may start lowering interest rates from around mid-2024 has been taken by markets as a sign that early moves are crucial.
Although he stuck to statements from Davos that borrowing costs could be reduced from the summer, traders increased bets on a cut — pricing in a 90% chance of a reduction in April and 141 basis points of easing over the year, up from 130 basis points previously.
This action also have impact on CHF due to CHF is one of ECB member.
Although he stuck to statements from Davos that borrowing costs could be reduced from the summer, traders increased bets on a cut — pricing in a 90% chance of a reduction in April and 141 basis points of easing over the year, up from 130 basis points previously.
This action also have impact on CHF due to CHF is one of ECB member.