More from ECB’s Kazaks: Any further rate cut would be small

• Any further rate cut would be small.
• 10% tariff and 10%+ euro appreciation large enough to hurt exports.

The ECB members are becoming more vocal regarding the euro appreciation. If this trend continues it could force them to cut more than what they currently expect but that will likely hinge on US inflation and the Fed.

This article was written by Giuseppe Dellamotta at www.forexlive.com.