ECB’s Knot: Comfortable with gradual easing

• As long as disinflation path converges to 2% before end of 2025, then I’m comfortable with gradual policy easing.

There is nothing new here. The market sees a 100% chance of a cut in September and a total of 64 bps of easing by year-end.

This article was written by Giuseppe Dellamotta at www.forexlive.com.