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home / news releases / FPXE - ECB In Little Rush To Cut Rates

FPXE - ECB In Little Rush To Cut Rates

First Trust IPOX Europe Equity Opportunities ETF

2024-01-25 18:50:00 ET

Summary

  • The European Central Bank left interest rates unchanged, without conveying any urgency to start cutting rates in the next few months.
  • It seems most likely that June or July would be the preferred time to start cutting rates.
  • Markets in Europe have priced in 125 to 150 basis points (bps) of rate cuts this year, but I think that’s overzealous.

By David Zahn, CFA, FRM, Head of European Fixed Income, Franklin Templeton Fixed Income ...

For further details see:

ECB In Little Rush To Cut Rates
Stock Information
Company Name: First Trust IPOX Europe Equity Opportunities ETF
Stock Symbol: FPXE
Market: NASDAQ
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