Euro Area Growth Expected to Rebound in 2024 Despite Tight Monetary Policy on Nostr: European Inflation Rises, Casting Doubt on ECB Rate Cut =============== #36b7da54 ...
European Inflation Rises, Casting Doubt on ECB Rate Cut
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#36b7da54 ver:0.43
The European Central Bank (ECB) is expected to cut interest rates, but uncertainty remains over the pace and extent of the cuts. Economists predict three rate cuts in total for 2024, with inflation not reaching the ECB's target until Q3 2025. ECB chief economist Philip Lane emphasizes the need for a cautious approach and considers wage growth and services inflation in decision-making. The ECB's decision will be influenced by wage growth, which is expected to remain above 3% until at least 2026. #ECB #interestrates #inflation...
#newstr #EuropeanCentralBank #Inflation #InterestRates #Eurozone
https://here.news/story/36b7da54?ver=0.43
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#36b7da54 ver:0.43
The European Central Bank (ECB) is expected to cut interest rates, but uncertainty remains over the pace and extent of the cuts. Economists predict three rate cuts in total for 2024, with inflation not reaching the ECB's target until Q3 2025. ECB chief economist Philip Lane emphasizes the need for a cautious approach and considers wage growth and services inflation in decision-making. The ECB's decision will be influenced by wage growth, which is expected to remain above 3% until at least 2026. #ECB #interestrates #inflation...
#newstr #EuropeanCentralBank #Inflation #InterestRates #Eurozone
https://here.news/story/36b7da54?ver=0.43