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European Central Bank Governing Council Director Kazax: The European Central Bank should cut interest rates next month
In a televised interview with Latvia's public broadcaster on Monday, Mr. Kazakis, the ECB's governor, said the central bank should cut interest rates next month. "Of course there will be discussions, but I firmly believe that the current situation in the European economy requires another rate cut in December," he said. The ECB has cut interest rates three times and is expected to cut rates again next month. On Friday, PMI data showed an unexpected contraction in the eurozone's private sector eco...
2024-11-25 06:46:52
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