ECB's Kazāks: We can most likely hold slicing if baseline holds

• But uncertainty is really high and geopolitics is the main cause of that

The odds of a rate cut next month are at ~76% now. So far, policymakers are not decisively offering much to convince that they might hold off from cutting again. And Kazāks’ headline remark above exemplifies the narrative at the moment.

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