- The speed and scale of rate cuts will be determined in each meeting
- It will depend on the basis of incoming data and comprehensive analysis
- Inflation is more clearly starting to stabilise at the 2% target
We didn’t get one of these so far today. So, this should fill the quota. There’s nothing new here from Rehn as he just echoes similar sentiment from his colleagues in teeing up a January rate cut.
This article was written by Justin Low at www.forexlive.com. Source