ECB may have to cut interest rates below 2%, former hawk says

ECB may have to cut interest rates below 2%, former hawk says

Downside risks to growth and inflation have become bigger, Belgian’s central bank governor warns

Will the ECB continue to lower its key interest rate or not? Every few days, central bankers are making different statements on this. Belgian Council member Pierre Wunsch has now called for further easing.

According to Council member Pierre Wunsch, the European Central Bank should probably lower its key interest rate below two percent. Global trade tensions posed downside risks to inflation and growth, said the Governor of the Belgian Central Bank of the

09:54 The ECB must be ready to cut the base rate further to slightly below 2 percent, as the trade war in Europe threatens to dampen inflation and slow growth, says ECB governor and...

ECB's Wunsch says central bank may need to cut rates below 2%, FT reports

The president of the Belgian central bank says that the global tariff war could cause an economic shock in the eurozone in the short term, which could force the European Central Bank to cut its key interest rate to below 2%.