ECB Broadly Comfortable With Market’s Rate-Cut Bets, Wunsch Says
(Bloomberg) -- Investor bets on how much lower the European Central Bank’s interest rates will have to fall are relatively consistent with policymakers’ own assessments, according to Governing Council member Pierre Wunsch.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfLondon’s Tube Fares Are Set to Rise by 4.6% Next YearAsked about wagers on four to five more quarter-point cuts from the current 3% level, the Belgian official