European Central Bank (ECB) policymaker Boris Vujčić said on Monday that the “ECB is unlikely to accelerate rate cuts.”

Additional quotes

Cutting faster would need a more significant departure from out projections.

Gradual moves are best amid uncertainty.

Near-term market bets are justified.

Market reaction

These comments fail to lift the Euro, as EUR/USD remains 0.19% lower on the day near 1.0215, as of writing.

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