ECB’s de Guindos: Inflation is to be around 2% next year

  • Sees huge uncertainty in the economy

They’re going all out to justify their rate cut yesterday, trying to convince that policy need not be as restrictive as before. As things stand, a July move can be safely ruled out. However, another rate cut in September is still plausible at this stage.

This article was written by Justin Low at www.forexlive.com. Source