ECB’s Muller: We can probably cut rates again before year-end

Market news

2 July 2024

ECB’s Muller: We can probably cut rates again before year-end

European Central Bank (ECB) policymaker Madis Muller said on Tuesday that “we can probably cut rates again before year-end.”

Additional quotes

But should not rush in doing so.

We can cut more if baseline projections hold.

Must be patient with further rate cuts.

There is a risk of underestimating inflation stickiness.

Market reaction

EUR/USD was last trading at 1.0716, down 0.20% so far.

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