What is the forecast for ECB interest rates and gold prices for mid and late 2024?
Will the ECB cut interest rates this year and by how much?
Are 0% interest rates realistic again this year?
Will the price of gold rise if the ECB lowers interest rates?
Yes, according to the current situation, the ECB will, with extremely high probability, reduce the lead rates in probably several smaller steps. You can only speculate about the “how far”.
However, the market has already priced a significant rate reduction in its current rates. The long-term interest has fallen by 1% since October.
Definitely not.
Current forecasts are based on this. You’ll see if they’ll be safe.
It won’t be the case.
Yes, but Lagarde is talking about interest rate cuts.