ECB Is Likely To Cut Rates Before Fed, BNP Paribas AM Says | EUROtoday

The European Central Bank is prone to minimize rates of interest within the spring, earlier than the Federal Reserve does, because the eurozone economic system is weaker than that of the U.S., Daniel Morris, chief market strategist at BNP Paribas Asset Management instructed Dow Jones Newswires.

“It would make more sense that the ECB cuts first,” he stated in an interview. An preliminary ECB charge minimize in March or April is “conceivable.”