ECB's Kazaks: No need to discuss rate cuts now

<ul><li>The risk of inflation persists</li><li>Door should always be open to hike if needed</li><li>Dramatic turnaround in economy needed for rate cuts</li></ul><p>It looks like a Stournouras vs Kazaks fight today but the reality is that the ECB is several months away from even discussing cutting rates and it's all about the data until then.</p><p>The euro is falling today on the broad USD bid following the Bank of Japan decision.</p>

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