ECB’s Villeroy: There is still the question of exact timing for rate cut

  • Several reasons as to why we should not wait too long before first rate cut
  • The principle of a rate cut this year seems to be a given
  • We have significant margin to maneuver on rate cuts without necessarily having to return to accommodative monetary policy

All of this isn’t anything new really. It still reaffirms that they could go in April or perhaps in June or July at this stage.

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