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  • ECB Is Very Likely to Start Cutting Rates in June, Villeroy Says

    From bnnbloomberg.ca

    The European Central Bank is very likely to start cutting interest rates at its next policy meeting in June, Bank of France Governor Francois Villeroy de Galhau said. Barring surprise shocks, the ECB remains committed to bringing inflation to its 2% goal by next year from 2.4% currently, he said in an interview on RTL radio on Wednesday. “As we have sufficient confidence, we will very probably begin cutting central-bank rates, doubtless at our meeting at the start of June,” Villeroy said. His comments reflect a consensus, even if some more hawkish ECB policymakers have urged greater caution on cutting rates after ... (full story)

  •  Guest
  • | IP XX.XXX.138.176
They'll start with 0.25% it seems until the inevitable happens and they start cutting rates by 0.75% or 1%.

We're in the early phase of the meltdown.
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  •  Guest
  • | IP XX.XX.9.171
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  • Posted: May 15, 2024 4:25am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 1  /  Views: 3,342

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