European Central Bank (ECB) policymaker Pierre Wunsch said on Wednesday that “four more rate cuts is a meaningful scenario that I feel relatively comfortable with.”
Additional quotes
Impact of tariffs depends on reaction in the exchange rate.
A larger euro depreciation would cushion the impact of tariffs on growth.
But it would make a larger impact on inflation.
If Euro touches parity against the dollar, we wouldn't lose as much in terms of competitiveness.
I guess we'll land with rates somewhere around 2%.
Four more rate cuts is a meaningful scenario that I feel relatively comfortable with.
There is no appetite to change inflation target.
Market reaction
As of writing, EUR/USD is defending bets at around 1.0500, awaiting the Fed decision for a fresh direction.
作者：Dhwani Mehta，文章来源FXStreet_id，版权归原作者所有，如有侵权请联系本人删除。
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