ECB's Villeroy: We should be sustainably around 2% inflation target by summer
Direction of travel is clear, pace is pragmaticECB should exercise agile pragmatism in pacing future cutsRise in long-term yields limiting the easing of overall financial conditionsThis is some clear communication. The market sees about 75 bps in easing this year to 2.00%. This article was written by Adam Button at www.forexlive.com.

- Direction of travel is clear, pace is pragmatic
- ECB should exercise agile pragmatism in pacing future cuts
- Rise in long-term yields limiting the easing of overall financial conditions
This is some clear communication. The market sees about 75 bps in easing this year to 2.00%.
This article was written by Adam Button at www.forexlive.com.