ECB Governing Council's Stournaras: Two more rate cuts this year seem reasonable
ECB Governing Council member Stournaras said that two more rate cuts this year seem reasonable; recent data have strengthened the case for further rate cuts; even with two more cuts, the central bank's interest rate is still at a restrictive level; and service inflation should not be over-interpreted.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Today's Fear & Greed Index rises to 69, indicating the market is in a "Greed" state.
Goldman Sachs predicts gold will reach $4,900 by the end of the year
Prospera Energy extends C$20.74 million senior term loan maturity to Aug. 31, 2028
Crypto prices
More
