RSS ECB's Stournaras: Rate cuts should still continue in the coming meetings

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 RSS ECB's Stournaras: Rate cuts should still continue in the coming meetings

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  • Policy should continue with a series of rate cuts at the next meetings
  • Our moves should be gradual and cautious based on the available data
  • Larger rate cuts should not be ruled out if incoming data warrants it to be the case
  • Latest forecasts show inflation reaching 2% target in a sustainable manner from Q2 2025

As the ECB is still on the path of cutting rates further, don't expect much of a change to the overall narrative. The comments here continue to echo what we already know.

This article was written by Justin Low at www.forexlive.com.
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