• Markets should not expect cuts at every meeting.
  • It may well be the case that we pause in July.
  • Inflation seen below 2% for some time, we have to remain vigilant.
  • Further cuts would be fine-tuning unless we shift out of baseline scenario.

Now that the ECB decision is out of the way, we have all the speakers in full swing.

ECB's Kazaks
ECB's Kazaks
Source: Forex Live