- ECB is monitoring and ready to use instruments it has if needed to procure price stability.
She’s just saying that the central bank stands ready to use all of its instruments in case things go awry. The market is 100% sure of a 25 bps cut at the next week’s meeting and expects at least two more rate cuts by the end of the year.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
