June 07, 2024 at 11:46AM
We won’t rush or procrastinate rate cuts
Will move at appropriate pace
Confident on a soft landing scenario
They have been out en masse today in justifying and reasoning their decision to cut rates yesterday. But overall, there isn’t anything new to add to the picture. A July rate cut can be safely ruled out but one in September is still potentially on the table.
This article was written by Justin Low at www.forexlive.com.
ECB’s Villeroy: We will move at appropriate pace on rate cuts