European Central Bank Governing Council Stournaras: It seems that we will continue to cut interest rates.
European Central Bank Governing Council member Stournaras said that it appears that the European Central Bank will continue to cut interest rates.
European Central Bank Governing Council Stournaras: The European Central Bank's interest rate is expected to be cut to 2% by this autumn. (Greek radio station Skai)
According to the Financial Times, European Central Bank Governing Council member Stournaras believes that inflation may be on track to reach the ECB's 2% target in the first half of 2025. (Gold ten)
European Central Bank Governing Council Stournaras: Even if the central bank further cuts interest rates, policy will remain restrictive.
Stournaras, the governing council of the European Central Bank, said that two more rate cuts this year seem reasonable; recent data strengthen the case for further rate cuts; even with two more rate cuts, central bank interest rates are still at restrictive levels; service inflation should not be read too much.
European Central Bank Governing Council Stournaras: Two more rate cuts this year seem reasonable. Recent data strengthen the case for further rate cuts.
European Central Bank Governing Council Stournaras: The European Central Bank is more likely to cut interest rates three times in 2024.
European Central Bank Governing Council Stournaras: The European Central Bank's monetary policy is now "too cautious", and it is time to part ways with the Federal Reserve.