RE: Rates30 Nov 2023 19:33
" same thing will happen on way down ". ie that Economists will prevail over politicians. If so you may be contradicting yourself as the politicians would be the driving force in pushing interest rates down and interest rates will drop more slowly with economists pulling the strings.
As posted already the important lines to be reading, including those between the lines,are those coming from the ECB ,who make the decision, and not our Central Bank Governor. As also posted already, the ECB are NOT ruling out a further rate hike so , as far as the ECB are concerned it is even steven.
So are you going to advise the Board in which countries you expect your march and 4 subsequent drops to occur, bearing in mind the US and UK can drop 0.75% plus before they even equalise with the ECB prevailing rate or do you spend your life looking through your rear view mirror wearing whatever tinted glasses you would like to wear.