ECB’s Centeno: Need to be prepared for all topics, including rate cuts

European Central Bank (ECB) policymaker Mario Centeno said during his appearance in Davos that “they need to be prepared for all topics, including rate cuts.”

Additional quotes

Recent data have confirmed December projections.

But inflation was slightly below forecast.

Market reaction

EUR/USD is keeping its downbeat momentum intact below 1.0900 on the above comments, losing 0.47% on the day.

Jan 16, 2024

EUR/GBP to drift down to 0.84 in the latter half of the year – Rabobank

Over the past month, EUR/GBP has remained broadly unchanged.

ECB’s Välimäki: Must not jump the gun on rate cuts

European Central Bank (ECB) Governing Council member,” Tuomas Välimäki, suggested on Tuesday that we “must not jump the gun on rate cuts.” Additional comments Better to wait a bit longer than cut rates prematurely.