ECB member predicts 0.25% interest rate cut in March, amid economic concerns from tariffs.

ECB member Gediminas Šimkus expects a 25 basis point interest rate cut in March, with potential for further decreases. This follows concerns over economic impacts from Trump's tariffs and aligns with fellow ECB member Kažimír’s view that the bank is moving closer to its goal but hasn't reached it yet. Markets predict around 85 basis points of cuts for the year, with a March cut highly anticipated.

2 months ago
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