Published 2 years ago • loading... • Updated 2 years ago

ECB policymakers stick with June rate cut plan

The European Central Bank plans to cut interest rates in the near term, pending no major shocks, to moderate restrictive monetary policy.
June is identified as a potential starting point for rate reductions after the ECB adjusted its inflation forecast.
ECB President Christine Lagarde emphasized the lack of pre-commitment to any rate path, implying no set trajectory for future rate cuts.

Insights by Ground AI

10 Articles

Powell (Fed) freezes markets: 'Longer than expected for cuts'. Lagarde: 'If there are no surprises, the ECB will cut back to June'

“Recent data show a lack of further progress on the inflation front,” said the governor of the Federal Reserve, the US central bank, Jerome Powell on Tuesday. — To be confident in a sustainable drop in inflation towards the 2% target (level considered optimal by the Fed, ed.), “it will probably take longer,” says Powell, stressing that it is' appropriate 'to give monetary policy more time to work. The governor has been reporting for some time th…

2 years ago·Rome, Italy

Read Full Article

Bloomberg

Lean Left

Lagarde Says ECB Moving Toward Rate Cut If Inflation Eases More

The European Central Bank is closing in on a reduction in interest rates as long as shocks don’t derail the slowdown in euro-zone inflation, according to President Christine Lagarde.

2 years ago·United States

Read Full Article

Barron's

Center

ECB Keeps Interest Rates on Hold. It’s Now More Likely to Cut in June Than the Fed.

2 years ago·New York, United States

Read Full Article

Reuters

Reposted by

Financial Post

Center

ECB policymakers stick with June rate cut plan

2 years ago·United Kingdom

Read Full Article

CNBC

Center

Lagarde says ECB will cut rates soon, barring any major surprises; notes 'extremely attentive' to oil

Her comments come shortly after the central bank gave its clearest indication to date that it could start cutting interest rates during its June meeting.

2 years ago·United States

Read Full Article

Market Screener

Center

ECB rate cut in June assumes no inflation setbacks, Finland's Rehn says

The prospects for an interest rate cut in June by the European Central Bank assumes that there will be no further setbacks in the geopolitical situation that affect energy prices and thus...

2 years ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year