ECB Rate Cut Expectations

FRANKFURT (Reuters) – Market expectations for European Central Bank interest rate cuts are reasonable, but economic conditions may change, leaving uncertainty about future rates, according to Croatian central bank chief Boris Vujcic.

Vujcic noted that recent market predictions shifted from four to five cuts to three to four cuts this year, a change he views as reasonable. He expressed comfort with current market pricing during a webinar with LC Macro Advisors.

He emphasized that while markets make predictions, the ECB will wait for actual data before making decisions, stating: “We can always wait for the data and then decide.”