Markets now see first ECB rate cut in April 2024

<p>The first full rate cut is now priced in for April next year, with a total of 116 bps worth of rate cuts currently priced in for the year itself. That's certainly quite a bold prediction by market players and it will be especially interesting to see if that will change amid any hiccups to the inflation outlook in the months to come. Here's the rates outlook for the ECB at the moment:</p>

This article was written by Justin Low at www.forexlive.com.