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ECB’s Vasle: We can cut rates further if things go as expected

“We can cut rates further if things go as expected,” European Central Bank (ECB) policymaker Boštjan Vasle said on Tuesday.

Additional takeaways

But we need more data to confirm inflation trajectory.

Must be careful not to declare victory too soon.

Labour market is very important for next steps.

Labour market is still tight, causing wage pressure.

 

ECB’s Centeno: Every meeting is open for us to make a decision

European Central Bank (ECB) policymaker Mario Centeno said on Tuesday that “every meeting is open for us to make a decision.” Further comments As confidence builds, ECB can look at every meeting in making a decision.
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GBP/USD: A break out of the 1.2615/1.2680 zone is needed – UOB Group

The Pound Sterling (GBP) is expected to trade in a sideways range of 1.2615/1.2680.
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