- The ECB is expected to start cutting rates in June if inflation continues to slow as expected
- But follow a data-driven approach to every meeting, since uncertainty is still high.
Nothing new from Cos. This only reaffirms the ECB’s current outlook and today’s data does not change that. EUR/USD is up slightly on the day, currently at 1.0728.
This article was written by Justin Low at www.forexlive.com.
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