Market News
As euro zone risks mount, markets seek clarity on pace of ECB rate cuts - REUTERS
By Yoruk Bahceli and Dhara Ranasinghe
- ECB cuts rates but markets confused by messaging
- Traders stick with expectations for speedy rate cuts
- ECB too optimistic on economy outlook - ING
LONDON, Dec 12 (Reuters) - Euro zone markets swung on Thursday after the European Central Bank gave up a long-standing hawkish tilt but analysts were split on the signals it gave on how fast it will cut rates.
At first sight all looked rosy for markets betting on speedy rate cuts from the ECB next year as the economic outlook sours and given potential tariffs from U.S. President-elect Donald Trump and political turbulence in France and Germany.
