ECBs Stournaras: A 25 basis point cut by the end of the year is reasonable

ECBs Stournaras:A 25 basis point cut by the ECB by the end of the year is reasonableTrump tariffs could lead to recession in the medium-termIn other ECB commentary, ECBs Lane is also talking and says: if policymakers had had perfect foresight about the shocks that were about to hitthe economy, interest rates would have been raised earlier and more sharplyI guess he speaks about the rate rise period after Covid - not current policy path. This article was written by Greg Michalowski at www.forexlive.com.

Nov 18, 2024 - 20:15
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ECBs Stournaras: A 25 basis point cut by the end of the year is reasonable

ECBs Stournaras:

  • A 25 basis point cut by the ECB by the end of the year is reasonable
  • Trump tariffs could lead to recession in the medium-term

In other ECB commentary, ECBs Lane is also talking and says:

  • if policymakers had had perfect foresight about the shocks that were about to hitthe economy, interest rates would have been raised earlier and more sharply

I guess he speaks about the rate rise period after Covid - not current policy path. This article was written by Greg Michalowski at www.forexlive.com.

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