Golden Finance reported that European Central Bank board member Kazaks said that the European Central Bank’s forecast assumes two more interest rate cuts this year, and there is currently no reason not to continue with this plan, as the Eurozone inflation trend is consistent with expectations of further gradual rate cuts.
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European Central Bank board member Kazaks: The European Central Bank's forecast assumes that there will be two more interest rate cuts this year.
Golden Finance reported that European Central Bank board member Kazaks said that the European Central Bank’s forecast assumes two more interest rate cuts this year, and there is currently no reason not to continue with this plan, as the Eurozone inflation trend is consistent with expectations of further gradual rate cuts.