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ECB: Vasle Can't Exclude Or Commit To October Cut

ECB
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Bloomberg reports ECB’s Vasle speaking to local media (RTV SLO) 

  • “*ECB'S VASLE: CAN'T EXCLUDE OR COMMIT TO RATE CUT IN OCTOBER
  • *ECB'S VASLE: THERE WILL BE MORE CUTS, BUT THEY DEPEND ON DATA
  • *VASLE: INFLATION'S DOWNWARD TREND IS SUSTAINABLE, WILL CONTINUE" - bbg

For context, Vasle, who next votes in Dec and Jan, said Sep 13 that policy wasn't on a predetermined path (echoed above) and inflation is to be largely steered by core and services. Vasle's non-commitment to an October cut contrasts with an increasing number of analysts looking for such a move. 

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Bloomberg reports ECB’s Vasle speaking to local media (RTV SLO) 

  • “*ECB'S VASLE: CAN'T EXCLUDE OR COMMIT TO RATE CUT IN OCTOBER
  • *ECB'S VASLE: THERE WILL BE MORE CUTS, BUT THEY DEPEND ON DATA
  • *VASLE: INFLATION'S DOWNWARD TREND IS SUSTAINABLE, WILL CONTINUE" - bbg

For context, Vasle, who next votes in Dec and Jan, said Sep 13 that policy wasn't on a predetermined path (echoed above) and inflation is to be largely steered by core and services. Vasle's non-commitment to an October cut contrasts with an increasing number of analysts looking for such a move.