ECB's Kažimír says rate cut in June is more probable than in April

<ul><li>The next move will be a rate cut and it is within our reach</li><li>A rate cut in June is more probable than April but exact timing is secondary to the decision's impact</li><li>Patience is essential before making pivotal decisions</li><li>ECB is not behind the curve, it is markets getting ahead of the event</li><li>Disinflation signs are positive but not yet enough to make a confident conclusion</li></ul><p>As has been the case in the last month, it is a he says, she says situation. Traders have now even fully priced in a 25 bps rate cut for April with 142 bps worth of cuts priced in for the year. Will the ECB cave in to that eventually?</p>

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