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ECB’s Villeroy: Expected June rate cut to be followed by others with gradualism

  • Expected June cut to be followed by others with ‘pragmatic and agile gradualism’
  • We will obviously monitor possible consequences from Middle East developments

Translation: The June cut is locked in but Iran losing oil production and a crude oil price spike would be a real problem for us.

This article was written by Adam Button at www.forexlive.com.

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