European Central Bank board member Kazimir: Two more rate cuts before the end of the year cannot be ruled out.

July 22nd, European Central Bank committee member Kazimir stated that if the data supports it, it is not ruled out that there will be two more interest rate cuts before the end of the year. The Slovak Central Bank governor said in a blog post: If the environment requires it and proves that such action is reasonable, then the door to further policy relaxation is still open. The financial market bets on two more interest rate cuts before the end of the year. Although this is not entirely wrong, it should not be seen as inevitable or the baseline scenario.