UBS On-Air: Paul Donovan Daily Audio 'Rate cuts, fun, and sentiment'
UBS On-Air: Market Moves · Podcast owner
October 17, 20242m 30s
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Show Notes
The ECB meets. Final September Eurozone consumer price data should confirm that inflation has fallen almost nine percentage points from its peak, and a whole percentage point this year. Cutting rates is simply an act of chasing inflation lower and keeping real rates stable.