ECB Governing Council Wen Shi: At this stage we do not need to discuss interest rate cuts of 50 basis points
2024-10-24 19:30:32
The European Central Bank Governing Council Wen Shi said that at this stage we need to discuss and cut interest ratesdesk3cryptocurrencydesktopCrypto News
We do not need to discuss a 50 basis point rate cut at this stage; there is no evidence to support our discussion of such a policy outlook; the European economy is weaker than we originally expected; internal inflation remains very high; central bank policy depends on data.
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