ECB’s Kazaks: Market expectations on rates are 'reasonable

Market news

14 June 2024

ECB’s Kazaks: Market expectations on rates are 'reasonable

The European Central Bank (ECB) policymaker Martins Kazaks said on Friday, “market expectations on rates are 'reasonable’.”

Additional quotes

Uncertainty is high but the path is leaning towards lower inflation.

We can remove some restriction but still need to retain some degree of restrictiveness.

Market reaction

EUR/USD remains pressured below 1.0700 on these above comments, down 0.40% so far.

Eurozone Trade Balance n.s.a. came in at €15B, below expectations (€20B) in April

ECB’s Vasle: Rate cutting is likely to be slower than hiking was

Market Focus

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