ECB Governing Council member: A 50 basis point rate cut is only necessary if the situation deteriorates significantly
This article is machine translated
Show original
Odaily Odaily reported that Pat Salides, a member of the ECB Governing Council, said that a 50 basis point rate cut would only be necessary if the situation deteriorated significantly. Inflation is expected to reach 2% earlier than expected, and inflation risks are fairly balanced. Growth faces downside risks, and the ECB can better judge its position in December. (Jinshi)
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content
