Increased volatility could be a feature of markets this week

ECB watchers will be paying close attention to survey measures of wage inflation and collective wage bargaining agreements
Increased volatility could be a feature of markets this week

Federal Reserve Chairman Jerome Powell may announce a rate cut on Wednesday.

The first meeting of the ECB’s Governing Council for 2024 took place last week and saw the Central Bank maintain its key deposit rate at 4%, as expected. 

It represented the third policy meeting in a row that the ECB has not hiked rates. The question remains though — when will the body begin its rate-cutting cycle in 2024? 

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