ECB's Kazimir: Latest rate cut moves us closer to our destination

Market news

3 February 2025

ECB's Kazimir: Latest rate cut moves us closer to our destination

European Central Bank (ECB) policymaker Peter Kazimir said on Monday, “latest rate cut moves us closer to our destination.”

Additional quotes

But we are not quite there yet.

Forecasts, services inflation, wage developments will navigate what will happen in April and beyond.

Market reaction

EUR/USD was last seen trading at 1.0246, down 1.10% on the day, heavily undermined by US President Donald Trump’s announcement of tariffs on Canada, China and Mexico over the weekend.

ECB's Šimkus: Expect a 25 bps decrease in March

Greece S&P Global Manufacturing PMI dipped from previous 53.2 to 52.8 in January

Market Focus

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