That's the trap. They need to. And it will kill the Euro. Japan is putting more pressure on them, too.

Can the ECB lower rates substantially before the fed does? Won't that further destroy dollar denominated debt?

siggy47

In a startling revelation, the Eurozone's economy contracted by 0.1 percent during the third quarter of 2023, a stark contrast to economists' predictions of stagnation. This downturn comes after a revised growth of 0.2 percent (preliminarily 0.1 percent) in the second quarter