ECB's Stournaras says three rate cuts this year is probable

Yannis Stournaras is the Governor of the Bank of Greece and thus a member of the European Central Bank Governing Council (monetary policy setting committee):European Central Bank will probably lower borrowing costs three times this year instead of fourthe most recent euro-zone GDP figures were a positive surpriseStournaras comments from an interview This article was written by Eamonn Sheridan at www.forexlive.com.

ECB's Stournaras says three rate cuts this year is probable

Yannis Stournaras is the Governor of the Bank of Greece and thus a member of the European Central Bank Governing Council (monetary policy setting committee):

  • European Central Bank will probably lower borrowing costs three times this year instead of four
  • the most recent euro-zone GDP figures were a positive surprise

Stournaras comments from an interview This article was written by Eamonn Sheridan at www.forexlive.com.