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Q&A Begins: Strength Of Projections Helped Motivate Cut

ECB

Q: Did you pre-commit too early? Is market pricing appropriate?

A1: We decided to cut and did so because overall our confidence in the path ahead has been increasing over the last months. These things do not happen in a vacuum.

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Q: Did you pre-commit too early? Is market pricing appropriate?

A1: We decided to cut and did so because overall our confidence in the path ahead has been increasing over the last months. These things do not happen in a vacuum.

Keep reading...Show less