ECBs Villeroy says or inflation declined is rapid but it remains to high

ECBs Villeroy is on the wires saying:Core inflation decline is rapid, but it still remains to high.2% inflation target now within sightThe best guess estimate is that the ECB will look to cut rate at their June meeting.Villeroy adds:we need to take out insurance against a hard landing by starting to cut rates This article was written by Greg Michalowski at www.forexlive.com.

Mar 29, 2024 - 00:20
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ECBs Villeroy says or inflation declined is rapid but it remains to high

ECBs Villeroy is on the wires saying:

  • Core inflation decline is rapid, but it still remains to high.
  • 2% inflation target now within sight

The best guess estimate is that the ECB will look to cut rate at their June meeting.

Villeroy adds:

  • we need to take out insurance against a hard landing by starting to cut rates
This article was written by Greg Michalowski at www.forexlive.com.
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