ECB's Kazaks: Rates to remain at 4.00% for some time before likely cut

Says he's not as optimistic as markets on the timing of the first cutFirst rate cut could come around middle of 2024The market is 50/50 on the first cut coming in March with 101 bps in cuts priced in for the July 6 meeting. This article was written by Adam Button at www.forexlive.com.

ECB's Kazaks: Rates to remain at 4.00% for some time before likely cut
  • Says he's not as optimistic as markets on the timing of the first cut
  • First rate cut could come around middle of 2024

The market is 50/50 on the first cut coming in March with 101 bps in cuts priced in for the July 6 meeting.

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