ECB Governing Council member Gediminas Simkus predicts at least three interest rate cuts this year, with a 50%+ chance of more cuts.
ECB Governing Council member Gediminas Simkus predicts at least three interest rate cuts this year, with a 50%+ chance of more cuts. He also hints at a potential cut in July. Simkus believes borrowing costs will decline, and there's a non-zero chance of a fourth cut.
April 15, 2024
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