ECB's Knot: Not uncomfortable with market pricing of rate cuts
Source Fxstreet
In an interview with Bloomberg on Thursday, European Central Bank (ECB) Governing Council member Klaas Knot said that he expects a "cautious slide" in key rates after June.
Knot added that they can't rule out small rebounds in inflation in Germany in some months this year. Nevertheless, he noted that he is increasingly confident about the disinflation process and said that he is not uncomfortable with the market pricing of ECB rate cuts.
Market reaction
EUR/USD showed no reaction to these comments and was last seen fluctuating in its narrow daily range above 1.0650.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Insights - AMD (AMD.US) is set to release its Q3 FY2024 earnings on October 29. As one of the few companies capable of genuinely capturing market share from NVIDIA, AMD’s earnings report will be a focal point for the market.
Pi Network Price Annual Forecast: PI Heads Into a Volatile 2026 as Utility Questions Collide With Big UnlocksPi Network heads into 2026 after a 90%+ 2025 drawdown from $3.00, with 17.5 million KYC users and a smart-contract-focused Stellar v23 upgrade offering upside potential, but 1.21 billion tokens unlocking and heavy exchange deposits (437 million PI) keeping supply pressure and trust risks firmly in focus.
Pi Network heads into 2026 after a 90%+ 2025 drawdown from $3.00, with 17.5 million KYC users and a smart-contract-focused Stellar v23 upgrade offering upside potential, but 1.21 billion tokens unlocking and heavy exchange deposits (437 million PI) keeping supply pressure and trust risks firmly in focus.
Discover the best Japanese stocks to buy, including AI semiconductor leaders, Buffett-backed trading houses, and undervalued Japan stocks benefiting from corporate reforms and yen trends.
US President Donald Trump says Iran talks to begin Monday after canceling attackUS President Donald Trump said that fresh round of Iran talks would begin Monday after he cancelled a planned attack on Iran partially in response to pleas from US allies in the Middle East, including Saudi Arabia, Bloomberg reported on Monday.
US President Donald Trump said that fresh round of Iran talks would begin Monday after he cancelled a planned attack on Iran partially in response to pleas from US allies in the Middle East, including Saudi Arabia, Bloomberg reported on Monday.
Here is what you need to know on Tuesday, August 4:
