ECB to continue cutting rates in December, Stournaras says

12/02/2024

Less than a minute

2024.12.02 05:52

© Reuters. FILE PHOTO: Member of the ECB governing council and Governor of the Bank of Greece, Yannis Stournaras talks during an interview with Reuters in Athens, Greece, October 11, 2023. REUTERS/Louisa Gouliamaki/File Photo

ATHENS (Reuters) – The European Central Bank is expected to continue cutting interest rates this month, ECB policymaker Yannis Stournaras said on Monday.

“Apparently, we will continue cutting interest rates in December,” Stournaras, the governor at the Bank of Greece and one of the doves on the ECB’s Governing Council who favours lower rates, told a conference in Athens run by a Greek financial website.

12/02/2024

Less than a minute

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