- Approach to rate cuts must be gradual
- But if December projections confirm baseline scenario, there will be room to cut rates
This just reaffirms their current policy path and a very likely 25 bps rate cut next month.
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ECB's Patsalides: If Dec projections confirm baseline scenario, there is room to cut rates
- Remarks by ECB policymaker, Christodoulos Patsalides
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