Economic news

ECB’s Kazimir opens door to two more rate cuts

2024.07.22 05:22

FRANKFURT (Reuters) – European Central Bank policymaker Peter Kazimir opened the door on Monday to two more interest rate cuts by the end of the year if data justified them.

© Reuters. FILE PHOTO: Peter Kazimir, Governor of the National Bank of Slovakia, attends a meeting in Teton National Park where financial leaders from around the world gathered for the Jackson Hole Economic Symposium outside Jackson, Wyoming, U.S., August 26, 2022. REUTERS/Jim Urquhart/File photo

“The doors remain open to additional easing should the environment warrant and justify such action,” the Slovak governor said in a blog post.

“Financial markets are betting on two more rate cuts before the year ends. While this isn’t entirely misplaced, it should not be taken as a given or a baseline scenario.”



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 89,389.95 6.76%
ethereum
Ethereum (ETH) $ 2,434.13 9.24%
tether
Tether (USDT) $ 0.999823 0.05%
xrp
XRP (XRP) $ 2.26 9.14%
bnb
BNB (BNB) $ 615.82 3.90%
solana
Solana (SOL) $ 139.86 11.92%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.208028 9.88%
cardano
Cardano (ADA) $ 0.661932 9.97%
staked-ether
Lido Staked Ether (STETH) $ 2,425.64 9.42%
tron
TRON (TRX) $ 0.230812 7.10%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 89,248.91 6.79%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,894.96 9.61%
chainlink
Chainlink (LINK) $ 14.91 10.47%
avalanche-2
Avalanche (AVAX) $ 21.50 9.39%
stellar
Stellar (XLM) $ 0.287104 10.92%
sui
Sui (SUI) $ 2.84 11.66%
the-open-network
Toncoin (TON) $ 3.48 5.21%
litecoin
Litecoin (LTC) $ 113.08 8.69%
leo-token
LEO Token (LEO) $ 8.97 6.90%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 5.65%
usds
USDS (USDS) $ 1.00 0.09%
hedera-hashgraph
Hedera (HBAR) $ 0.187498 16.57%
mantra-dao
MANTRA (OM) $ 7.78 7.86%
weth
WETH (WETH) $ 2,433.67 9.31%
polkadot
Polkadot (DOT) $ 4.44 6.09%
hyperliquid
Hyperliquid (HYPE) $ 19.24 12.17%
ethena-usde
Ethena USDe (USDE) $ 0.999621 0.17%
bitcoin-cash
Bitcoin Cash (BCH) $ 286.68 8.49%
bitget-token
Bitget Token (BGB) $ 4.35 9.77%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,584.98 9.14%
uniswap
Uniswap (UNI) $ 7.90 7.41%
monero
Monero (XMR) $ 223.28 5.05%
whitebit
WhiteBIT Coin (WBT) $ 27.14 1.42%
near
NEAR Protocol (NEAR) $ 2.94 11.83%
dai
Dai (DAI) $ 0.999695 0.01%
pepe
Pepe (PEPE) $ 0.000008 10.73%
aptos
Aptos (APT) $ 5.47 5.51%
ondo-finance
Ondo (ONDO) $ 0.983591 8.82%
bittensor
Bittensor (TAO) $ 371.51 13.74%
susds
sUSDS (SUSDS) $ 1.04 0.07%
aave
Aave (AAVE) $ 200.47 14.91%
internet-computer
Internet Computer (ICP) $ 6.20 9.21%
ethereum-classic
Ethereum Classic (ETC) $ 18.50 6.69%
okb
OKB (OKB) $ 45.55 4.35%
gatechain-token
Gate (GT) $ 21.26 6.77%
mantle
Mantle (MNT) $ 0.789039 8.33%
official-trump
Official Trump (TRUMP) $ 13.24 12.47%
tokenize-xchange
Tokenize Xchange (TKX) $ 33.04 12.03%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 89,550.99 6.70%