ECB’s Vasle: Possible for more rate cuts if baseline scenario holds

  • Also more rate cuts next year if disinflation process continues
  • But there is a risk that the process could slow down
  • Wage momentum is still relatively strong

Nothing out of the ordinary here. The ECB will continue to tout further rate cuts but are not going to outright commit to that just yet. We’ll have to wait until after the summer at least.

This article was written by Justin Low at Source