European Central Bank (ECB) policymaker Martins Kazaks said on Wednesday, “the ECB will soon reach terminal rate if baseline holds.”

Additional quotes

  • Interest rate cuts are nearing an end assuming inflation stabilizes at 2% over the coming months.
  • It's important to analise alternative scenarios amid the trade uncertainty.
  • If either inflationary or deflationary risk scenario materialises, monetary policy will react accordingly.
Source: Fxstreet