ECB’s Šimkus: I agree with markets which sees two more rate cuts this year

• Interest rates will keep getting lower, and quite significantly

This is slightly different to the headline from a report yesterday here. But perhaps it speaks to his own position and not one that is shared among his peers. It seems that there are a mix of views in the ECB at the moment. And that means even if there is one more rate cut in September, another might not be a given yet. It all depends on the data.

This article was written by Justin Low at www.forexlive.com.