ECB Governing Council member predicts rate cut in spring if economy aligns with forecasts.
European Central Bank (ECB) Governing Council member Martins Kazaks predicts that the bank will soon start lowering borrowing costs as the economy aligns with the ECB's forecasts. If the economy follows the ECB's forecasts, the decision to reduce interest rates could be made within the next few meetings. The European Central Bank is expected to cut rates during the spring between April and June 21.
March 12, 2024
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