ECB Executive Board Member Schnabel: The Threshold for Further Rate Cuts Is Very High
According to ChainCatcher, European Central Bank Executive Board member Schnabel stated that, as medium-term inflation expectations are expected to reach target levels and the risks to economic growth prospects are now more balanced, the ECB is currently in a favorable position. Therefore, the threshold for another rate cut is very high. The ECB plans to gradually reduce its monetary policy bond portfolio to zero.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Strategy (MSTR.US) triggers its first “golden cross” signal in over three years; last time it appeared, shares soared by 700%!
Strategy flashes the first Golden Cross since March 2023: the last time this happened, it was followed by a nearly 700% increase over the next 12 months.
Japan’s inflation figures are next for a Yen stuck near 158.00
RBA's Hauser: Inflation outlook appears worse than forecast, slightly above expectations
New Zealand Dollar has one CPI release left before the RBNZ
Crypto prices
More
