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#ECB cut rates by 25bp to 2.50% in its 6th move since last June – But it said that monetary policy was becoming “meaningfully less restrictive”, chart @reuters.com https://www.reuters.com/markets/europe/markets-german-fiscal-splurge-blurs-ecb-outlook-2025-03-06/
Following #ECB's meeting, traders further curbed their bets on an April rate cut, now seeing less than a 50% chance of a 0.25% move, down from over 60% last week.