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European Central Bank (ECB) policymaker and Slovakian central bank Governor Peter Kazimir said on Monday that they will be in a “strong and comfortable position” to continue the policy-easing cycle if the accelerated pace in disinflation is confirmed, per Reuters. Kazimir further noted that the December policy meeting is wide open, with all options remaining on the table. “If new information points in the direction of higher inflation risks, we can still slow down the pace at which we remove restrictions in the coming meetings,” he added. Market reaction These comments failed to trigger a noticeable market reaction. At the time of press, EUR/USD was down 0.15% on the day at 1.0850. Source: https://www.fxstreet.com/news/ecbs-kazimir-december-meeting-wide-open-all-options-on-table-202410211208

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Filed under: News - @ October 21, 2024 1:23 pm