ECB’s Wunsch sees path to start rate cut, but not preset course of action

Speaking in Frankfurt, ECB Governing Council member Pierre Wunsch indicated the even though the outlook remains “foggy”, he saw a “path for initiating rate cuts this year.” He added that the upcoming June meeting would provide clearer insights into wage and service sector dynamics for making the decision. Wunsch further explained that there is “no […]

The post ECB’s Wunsch sees path to start rate cut, but not preset course of action appeared first on Action Forex.