European Central Bank (ECB) policymaker Boris Vujčić said on Monday that the “ECB is unlikely to accelerate rate cuts.”
Cutting faster would need a more significant departure from out projections.
Gradual moves are best amid uncertainty.
Near-term market bets are justified.
These comments fail to lift the Euro, as EUR/USD remains 0.19% lower on the day near 1.0215, as of writing.