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European Investment Strategy
Global Fixed Income Strategy
Strategy Insight

The ECB Dangerous Game

by Mathieu Savary, Chief Strategist, Developed Markets ex US & Head of Research Innovation  

Yesterday, the ECB solidified its recent dovish tilt in response to weaker growth and decreasing inflationary pressures. It is now set to cut rates 25bps each meeting. How low will the ECB deposit rate ultimately go and what does this imply for yields and the euro?

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