European Central Bank board member Piero Cipollone is speaking on Wednesday:

• at 1145 GMT, which is 0745 US Eastern time
• he is giving virtual concluding remarks at a conference organised by Osservatori Digital Innovation, Politecnico di Milano in Milan, Italy

We’ve heard from a number of ECB policy setters in the past 24 hours:

• ECB’s Wunsch says the Bank can cut interest rates before wages inflation falls to 3%
• ICYMI – ECB’s Holzmann says a June rate cut is more likely than in April
• European Central Bank’s Villeroy says the Bank can cut rates independent of the Fed

• ECBs Buch: Underlining vulnerabilities may not have been exposed

All banging the rate cut drum, perhaps as early as April (Villeroy) though mainly later.

This article was written by Eamonn Sheridan at www.forexlive.com.


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