The European Central Bank will embark in June on a steady-yet-gradual path of interest-rate cuts that’ll run at least through the end of next year, according to economists surveyed by Bloomberg.
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ECB’s Centeno Says Cutting Rates May Help Prevent a Recession(Bloomberg) -- Cutting European Central Bank borrowing costs could help prevent a euro-area recession, according to Governing Council member Mario Centeno.
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ECB’s Villeroy Flags Economic Risks of Cutting Rates Too LateThe European Central Bank can’t ignore the economic risks of keeping interest rates high for too long and should begin cutting at one of its next two meetings, according to Governing Council member Francois Villeroy de Galhau.
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Lagarde Says ECB Can’t Commit to Cuts After Likely June Move(Bloomberg) -- The European Central Bank can’t commit to further reductions in borrowing costs after a likely first move in June, according to President...
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Lagarde Says ECB Can’t Commit to Cuts Beyond Likely June MoveThe European Central Bank can’t commit to further reductions in borrowing costs after a likely first move in June, according to President Christine Lagarde.
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ECB Needs to Wait for June, Vice President Tells Naftemporiki“We haven’t yet discussed anything about future rate moves. We need to gather more information,” European Central Bank Vice President Luis de Guindos said in an interview with Greek newspaper Naftemporiki. “The evolution of wages is key and most of the wage bargaining agreements will have been concluded in the first months of this year.
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ECB’s De Cos Says First Interest Rate Cut Could Come in June(Bloomberg) -- European Central Bank Governing Council member Pablo Hernandez de Cos said he expects interest rates to be cut in June if inflation continues to moderate as anticipated.
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