ECB’s Knot: Expects ECB cuts in June, then most likely in Sept and Dec

  • Expects first cut in June
  • Further cuts most likely in Sept and Dec
  • Interim meetings would also be available for rate cuts if incoming data tells us we should do more

It doesn’t get any clearer than that. The euro has already priced in a similar path with EUR/USD down 7 pips to 1.0939 on the day.

This article was written by Adam Button at Source