Greg had the news from the Governor of the Nationale Bank van België / Banque Nationale de Belgique and hence European Central Bank Governing Council member Pierre Wunsch:
ECBs Wunsch: The markets pricing on rate cuts reasonable
Wunsch said the first two European Central Bank rate cuts are relatively easy. Plenty of ECB officials have said the first one is easy and after that its complicated. The first two now floated by Wunsch. He was echoing earlier comments from Chairman of the Central Bank of Lithuania & Member of the ECB Governing Council Gediminas Simkus:
Sees three rate cuts for this year
This article was written by Eamonn Sheridan at www.forexlive.com.
