ECB’s Šimkus: We will see if we cut rates or pause in April

• It is irrational to commit to future rate decisions
• The direction of travel has not changed

This offers a bit more compared to Lagarde’s remarks but it seems at this stage, the ECB is not going to give much away ahead of their next decision in April. If anything, I reckon that sides more towards a pause but we’ll see how things go in the next two to three weeks.

This article was written by Justin Low at www.forexlive.com.