ECB’s Nagel: We must be cautious about future rate moves

  • Rates are on a mountain ridge, not a peak
  • We still have to find the right point for a further descent
  • We must remain cautious
  • Uncertainty about future economic and price trend remains high

The language continues to suggest that they will be pausing in July, as per what is expected at the moment.

This article was written by Justin Low at Source