ECB’s Valimaki says must not jump the gun on rate cuts

  • Better to wait a bit longer than cut rates prematurely
  • Inflation is on the right track but the job is not done
  • Restrictive monetary policy is still called for
  • Soft landing for the economy is still the baseline but risks are tilted to the downside

The pushback continues but as mentioned earlier, it still is more of a he says, she says situation with markets right now.

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