ECB's Schnabel Predicts Euro-Zone Economy Recovery

Reported 5 months ago

Isabel Schnabel of the European Central Bank anticipates a modest economic revival in the euro zone, along with a continuation of decreasing inflation, suggesting a return to price stability without recession. Schnabel hints at a possible interest rate cut in June if data aligns with current outlook. Despite warnings against premature rate cuts, consensus is forming for three quarter-point reductions within the year among ECB Governing Council members.

Source: YAHOO

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