ECB’s Kažimír: Market pricing of two rate cuts by year-end is not entirely misplaced

  • No need to rush decisions
  • Data will set the stage for September decision
  • The door remains open to additional easing should conditions warrant it

The ECB narrative now is that they would want to cut rates further but are going to let the data in the coming weeks to decide that. Not much of a change to the status quo since last month really.

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