ECB's Kocher says the ECB should be prepared to move rates quickly in either direction, according to WSJ

Kocher's statement indicates a more flexible approach from the ECB, suggesting readiness to adjust rates swiftly based on evolving economic conditions. This could imply heightened volatility in the Euro and fixed income markets as traders reassess rate paths. Monitor cross-asset signals for potential shifts in risk sentiment and currency flows as the market digests this guidance.