It's two for the price of one today
Hot on the heels of the BOE poll here's one for the ECB
- Median 80% probability that the ECB act in Dec
- Pollsters see deposit rate cut by 10bps to -0.30%
- Will leave main refinance rate on hold at 0.05%
- 36/46 says ECB policies have improved lending to businesses in Eurozone
I'm surprised that the probability of a Dec move is only 80%