ECB’s Vujčić: Central bank unlikely to accelerate rate cuts

Market news

13 January 2025

ECB’s Vujčić: Central bank unlikely to accelerate rate cuts

European Central Bank (ECB) policymaker Boris Vujčić said on Monday that the “ECB is unlikely to accelerate rate cuts.”

Additional quotes

Cutting faster would need a more significant departure from out projections.

Gradual moves are best amid uncertainty.

Near-term market bets are justified.

Market reaction

These comments fail to lift the Euro, as EUR/USD remains 0.19% lower on the day near 1.0215, as of writing.

WTI trims a part of strong gains to its highest level sine October, still well bid around $77.00

NZD/USD Price Forecast: Drops to near 0.5550 within the oversold territory

Market Focus

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