Economic news

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.



Source link

12/02/2024
Less than a minute

Related Articles

Biden administration to impose inflation penalties on dozens of drugmakers

Biden administration to impose inflation penalties on dozens of drugmakers

12/14/2023
Japan’s economy likely rebounded in Q2 on consumption pick-up: Reuters poll

Japan’s economy likely rebounded in Q2 on consumption pick-up: Reuters poll

08/01/2024
How high interest rates go will depend on economy, inflation outlook -BoC governor

How high interest rates go will depend on economy, inflation outlook -BoC governor

04/28/2022
India central bank gov says priority is inflation, but growth important – ET

India central bank gov says priority is inflation, but growth important – ET

05/27/2022
Back to top button