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ECB sources: A handful of policymakers initially favored a 50 bps cut


  • Some argued that the ECB is overestimating next year's growth, which could be below 1% under Trump's tariffs
  • Policymakers have little desire to move policy amid uncertainty

The 2025 GDP forecast released today was +1.1%, down from 1.3% previously. That's hardly encouraging in either case.

This article was written by Adam Button at www.forexlive.com.



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