European Central Bank Governing Council member Boris Vujcic acknowledged on Thursday that the ECB's policymakers can move earlier on interest rates if they see a faster-than-forecast decline in inflation.
The official also noted that his ideal view of interest-rate reduction is a 25-basis point move. He added, however, that the bigger steps of 50 basis points are also possible if data warrants such an action.
In addition, Vujcic reiterated that he views market rate cut bets as too optimistic but noted that he is not too concerned about them.