ECB's Kazimir: Market pricing of two rate cuts by year-end is not entirely misplaced
|European Central Bank (ECB) policymaker and Slovakian central bank Governor Peter Kazimir said Monday, the “market pricing of two rate cuts by year-end is not entirely misplaced,” adding that “such pricing isn't a given at the moment.”
Additional quotes
No need to rush decisions.
Data will set the stage for September decision.
The door remains open to additional easing should conditions warrant it.
Market reaction
At the time of writing, EUR/USD is adding 0.12% on the day to trade near 1.0900.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.