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Does the ECB lower interest rates in June? “If things continue to evolve as they have lately, in June we will be prepared”

Summary by Jornal Expresso
Vice President of the ECB confirms market expectations. If inflation continues to slow down, June will be a decisive month for the start of interest rate relief

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Vice President of the ECB confirms market expectations. If inflation continues to slow down, June will be a decisive month for the start of interest rate relief

·Paço de Arcos, Portugal
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"" We have been very clear on monetary policy. If things continue as they have been lately, in June we will be ready to reduce monetary policy constraints, "" Guindos said at a hearing of the European Parliament's Economic Affairs Committee. Guindos said that inflation has declined and that the projections of the European Central Bank (ECB) foresee it will continue along this path even at a more moderate pace to reach the 2 percent target by 202…

·Lisboa, Portugal
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Guindos said that inflation has fallen and that the European Central Bank's projections expect it to continue this trajectory.

·Portugal
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IOL Portugal broke the news in Portugal on Thursday, April 18, 2024.
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