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ECB’s Wunsch: We must not “sleepwalk” to cutting rates to 2%

European Central Bank (ECB) policymaker Pierre Wunsch told the Financial Times (FT), “I’m not pleading for a pause in April. But we must not "sleepwalk" to cutting rates to 2% without thinking about it.”

Additional quotes

If the data justify a rate cut, we will cut.

If it doesn't, then we might have to pause.

I think the risks on the downside and upside for inflation are relatively limited.

Inflation in Europe might be the boring part of this year; and it's not going to be a boring year.

ECB is tasked with fine-tuning policy around a soft landing now.

Singapore Consumer Price Index (YoY) registered at 1.2, below expectations (2.2) in January

Singapore Consumer Price Index (YoY) registered at 1.2, below expectations (2.2) in January
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EUR/JPY rises above 157.00 after conservatives win German election

The EUR/JPY cross rebounds to near 157.10, snapping the three-day losing streak during the early European session on Monday.
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