June 10, 2024 at 10:41AM
Rates are on a mountain ridge, not a peak
We still have to find the right point for a further descent
We must remain cautious
Uncertainty about future economic and price trend remains high
The language continues to suggest that they will be pausing in July, as per what is expected at the moment.
This article was written by Justin Low at www.forexlive.com.
ECB’s Nagel: We must be cautious about future rate moves