ECB Nearing Completion of Rate Cuts, Vujcic Claims

Reported about 10 hours ago

Boris Vujcic, an ECB policymaker, stated that the European Central Bank is 'nearly done' with interest rate cuts if inflation stabilizes at 2% as projected. After cutting rates for the eighth time in a year, the ECB may pause further reductions now that inflation has returned to its target. Vujcic emphasized that any unforeseen changes in growth and inflation data could influence ECB decisions, particularly in light of ongoing trade negotiations with the United States.

Source: YAHOO

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