Euro Area Growth Expected to Rebound in 2024 Despite Tight Monetary Policy on Nostr: ECB's Lane: Interest Rate Cuts to Depend on Underlying Inflation and Demand ...
ECB's Lane: Interest Rate Cuts to Depend on Underlying Inflation and Demand
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#36b7da54 ver:0.38
ECB's Lane: Interest rate cuts will depend on underlying inflation and demand. Euro area growth expected to rebound, but ECB awaits economic forecasts before enacting rate cut. Lower inflation projection strengthens case for faster cuts. UK inflation rate slows, while China's economy affected by property downturn. ECB chief economist Lane emphasizes gradual wage growth and need for cautious approach. ECB likely to cut rates on June 6, with further cuts possible in 2025 as inflation settles. Rate cuts to be adjusted based on strength of inflation and demand. #ECB #interestrates #inflation...
#newstr #Ecb #InterestRates #Inflation #Demand #PhilipLane
https://here.news/story/36b7da54?ver=0.38
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#36b7da54 ver:0.38
ECB's Lane: Interest rate cuts will depend on underlying inflation and demand. Euro area growth expected to rebound, but ECB awaits economic forecasts before enacting rate cut. Lower inflation projection strengthens case for faster cuts. UK inflation rate slows, while China's economy affected by property downturn. ECB chief economist Lane emphasizes gradual wage growth and need for cautious approach. ECB likely to cut rates on June 6, with further cuts possible in 2025 as inflation settles. Rate cuts to be adjusted based on strength of inflation and demand. #ECB #interestrates #inflation...
#newstr #Ecb #InterestRates #Inflation #Demand #PhilipLane
https://here.news/story/36b7da54?ver=0.38