Santander CIB: Eurozone Short-End Rates to Remain in 2.50%-2.75% Range on ECB Decisions

CIB0.29%
According to Santander CIB on July 22, eurozone short-end deposit rates are expected to remain in the 2.50% to 2.75% range as long as oil prices stay within the European Central Bank's moderate scenario assumptions, according to Antonio Garcia Pascual, the bank's global economics head. The bank sees tactical long opportunities at current market levels in short-end rates.
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