We see downside risks to the ECBs growth-, wage and inflation forecast for Q1. Is a March cut in play? Or is the market right that they will have to take another dovish step in March before cutting in April?
EUR watch: Why the ECB outlook is 100% off in 4 charts
We consider the ECB assumptions to be off and see a much “weaker” ECB commitment going forward compared to the Fed. Here is why the ECB is off in 4 charts!
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