January 20, 2025 at 02:39PM
Says he’s fine with the current policy stance
Data broadly in line with our forecasts
Big focus on FX movements
Market pricing of rate cut is reasonable
The market is pricing in a 92% chance of an ECB rate cut on Jan 30 and almost fully priced for another one at the subsequent meeting on March 6.
This article was written by Adam Button at www.forexlive.com.
ECB’s Vujcic: Risks around inflation are balanced