RSS ECB's Vujcic: Risks around inflation are balanced

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 RSS ECB's Vujcic: Risks around inflation are balanced

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  • Says he's fine with the current policy stance
  • Data broadly in line with our forecasts
  • Big focus on FX movements
  • Market pricing of rate cut is reasonable

The market is pricing in a 92% chance of an ECB rate cut on Jan 30 and almost fully priced for another one at the subsequent meeting on March 6.

This article was written by Adam Button at www.forexlive.com.
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