ECB's Patsalides: I want small, gradual price cuts

• Do not see persistent financial stagnation, inflation undershooting
• A 50 bps transfer would require projections exhibiting persistent undershooting of inflation
• Do not see a scenario the place charges would wish to fall beneath impartial
• Euro weak spot not creating inflationary pressures

The message has been constant throughout the board from the ECB since final week. So, this simply provides to that.

This text was written by Justin Low at www.ubaidahsan.com.



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