Interest rate expectations in the euro-zone have fallen sharply along with those elsewhere in recent weeks and are now pricing in a strong chance of an ECB rate cut this year. While we think that talk of interest rate cuts this year is premature, we still expect interest rates to fall more sharply than the markets expect in 2009.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services