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ECB’s Stournaras Sees Two More Rate Cuts in 2024 as ‘Reasonable’

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Recent data on inflation and economic expansion reinforce arguments for additional interest-rate reductions by the European Central Bank, with two more this year about right, according to Governing Council member Yannis Stournaras.

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ECB’s Rehn Sees Bets for Two More Cuts in 2024 as ‘Reasonable’(Bloomberg) -- Investor expectations for the European Central Bank to loosen monetary policy twice more this year — and bring borrowing costs to as low as...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

ECB’s Rehn Sees Bets for Two More Cuts in 2024 as ‘Reasonable’Investor expectations for the European Central Bank to loosen monetary policy twice more this year — and bring borrowing costs to as low as 2.25% in 2025 — are fair, according to Governing Council member Olli Rehn.
Source: BNNBloomberg - 🏆 83. / 50 Read more »