ECB member Gediminas Simkus predicts three interest rate cuts in the ECB's monetary policy, starting in June.
ECB Governing Council member Gediminas Simkus predicts three interest rate cuts in the European Central Bank's (ECB) monetary policy this year, starting in June. He believes the Euro-zone's economic development aligns with the base case and there's room for a more lenient policy. The ECB remains data-dependent and hasn't committed to further actions after June.
May 06, 2024
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