ECBP VP Luis de Guindos indicates ECB's potential reassessment of monetary policy stance in September based on new data and projections.
ECB VP Luis de Guindos says new data and macroeconomic projections will help the ECB reassess monetary policy stance in September. De Guindos highlighted the importance of considering new data, including fresh forecasts for inflation through 2026. The ECB previously left rates unchanged, with President Christine Lagarde stating the next meeting in September is "wide open" for possible rate cuts as inflationary pressures ease.
July 23, 2024
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