ECBs Wunsch is speaking and says:
- I don’t have a base case, but it’s very unlikely we will only cut by 25 basis points in 2024.
- I would not exclude a rate cut in July, but hard to forecast now.
- US a euro zone economies have decoupled.
- Gap between ECB, Fed rates may widen
This article was written by Greg Michalowski at www.forexlive.com. Source