- ECB’s Vasle: Possible for more rate cuts if baseline scenario holds
Market news
13 June 2024
ECB’s Vasle: Possible for more rate cuts if baseline scenario holds
The European Central Bank (ECB) policymaker Bostjan Vasle said on Thursday, it is “possible for more rate cuts if baseline scenario holds.”
Additional quotes
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.
Market reaction
As of writing, EUR/USD continues to hold steady near the 1.0800 mark, taking account of Wednesday’s US inflation data and the Fed policy decision.
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