ECB Governing Council Member Predicts one More Interest-Rate Cut in 2024

Reported about 1 year ago

European Central Bank Governing Council member Peter Kazimir stated that one more reduction in borrowing costs is likely to occur in 2024. While many ECB officials have been cautious about future moves after the initial rate cut this month, some are starting to share their views. Kazimir emphasized the need to wait until the September forecast before considering any further rate changes.

Source: YAHOO

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