ECB’s Vujčić: Central bank unlikely to accelerate rate cuts
Source Fxstreet
European Central Bank (ECB) policymaker Boris Vujčić said on Monday that the “ECB is unlikely to accelerate rate cuts.”
Additional quotes
Cutting faster would need a more significant departure from out projections.
Gradual moves are best amid uncertainty.
Near-term market bets are justified.
Market reaction
These comments fail to lift the Euro, as EUR/USD remains 0.19% lower on the day near 1.0215, as of writing.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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