ECB's Valimaki says must not jump the gun on rate cuts

<ul><li>Better to wait a bit longer than cut rates prematurely</li><li>Inflation is on the right track but the job is not done</li><li>Restrictive monetary policy is still called for</li><li>Soft landing for the economy is still the baseline but risks are tilted to the downside</li></ul><p>The pushback continues but as mentioned earlier, it still is more of a he says, she says situation with markets right now.</p>

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