Euro Area Growth Expected to Rebound in 2024 Despite Tight Monetary Policy on Nostr: European Central Bank Chief Economist Confident in Inflation Returning to Target ...
European Central Bank Chief Economist Confident in Inflation Returning to Target
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#36b7da54 ver:0.33
European Central Bank Chief Economist Philip Lane is confident that inflation is returning to the ECB's 2% target, increasing the likelihood of an interest-rate cut in June. Recent euro-area data, including a report on consumer prices, show progress in the service sector and improve Lane's confidence. The ECB is closely monitoring the impact of the US economy and interest rates, but Lane believes the effects will be largely contained. Geopolitical tensions remain a concern for the global economy. #ECB #inflation #interestrates...
#newstr #EuropeanCentralBank #Inflation #InterestRates #EconomicGrowth #Eu
https://here.news/story/36b7da54?ver=0.33
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#36b7da54 ver:0.33
European Central Bank Chief Economist Philip Lane is confident that inflation is returning to the ECB's 2% target, increasing the likelihood of an interest-rate cut in June. Recent euro-area data, including a report on consumer prices, show progress in the service sector and improve Lane's confidence. The ECB is closely monitoring the impact of the US economy and interest rates, but Lane believes the effects will be largely contained. Geopolitical tensions remain a concern for the global economy. #ECB #inflation #interestrates...
#newstr #EuropeanCentralBank #Inflation #InterestRates #EconomicGrowth #Eu
https://here.news/story/36b7da54?ver=0.33