ECB Wunsche: I dont have base case, but unlikely we cut only once in 2024

ECBs Wunsch is speaking and says:

  • I don’t have a base case, but it’s very unlikely we will only cut by 25 basis points in 2024.
  • I would not exclude a rate cut in July, but hard to forecast now.
  • US a euro zone economies have decoupled.
  • Gap between ECB, Fed rates may widen

This article was written by Greg Michalowski at www.forexlive.com. Source