‘I’m not excluding anything’ — but it’s better to be gradual, says ECB’s Wunsch on rate cuts

Speaking to CNBC’s Karen Tso at the IMF annual meetings, Pierre Wunsch, head of the National Bank of Belgium and ECB Governing Council member, discussed the euro zone’s monetary policy. He stressed that the central bank is data dependent and said he doesn’t currently see the “need for a 50-basis point cut, but let’s look at the data.”