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ECB’s Šimkus: It is possible that there will be more than one rate cut this year
globalreutersJune 7, 20241 Mins read - Data very clearly shows disinflation
- But the road ahead is bumpy
They’re continuing to keep that door open but at the same time, they’re also playing coy in preaching their data dependent stance. It sure looks like there is a mix of opinions at the ECB at the moment. But one thing is for certain, it is that there will be no follow up rate cut in July at least.
This article was written by Justin Low at www.forexlive.com.
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