The European Central Bank is considering rate cuts, with Vice President Luis de Guindos stating that a discussion on interest rate cuts could happen in June. ECB's Nagel also mentioned an increasing probability of rate cuts before the summer break, but clarified that not every meeting will automatically lead to rate cuts.
⚠️ ECB INCREASINGLY LIKELY TO CUT RATES BEFORE SUMMER BREAK, NAGEL SAYS Full Story → https://t.co/FHMogxWzsP The European Central Bank may be in a position to cut interest rates before the summer recess, possibly in June, as inflation is on its ways back to the bank's 2%… https://t.co/eL3L20r5R3
🔴 ECB'S NAGEL: THERE WON'T AUTOMATICALLY BE RATE CUTS AT EVERY MEETING.
🔴 ECB'S NAGEL: RATE CUTS WILL DEPEND ON DATA.
🔴 ECB'S NAGEL: THE PROBABILITY IS INCREASING THAT WE'LL CUT RATES BEFORE THE SUMMER BREAK - MNI.
ECB'S NAGEL: PROBABILITY INCREASING THAT WE'LL CUT RATES BEFORE SUMMER BREAK - MNI
⚠️ ECB READY IN JUNE TO DISCUSS RATE CUTS, DE GUINDOS SAYS Full Story → https://t.co/K7T0U2HIFw The European Central Bank will be in position to discuss an interest rate cut in June, Vice President Luis de Guindos said on Tuesday, joining a long list of policymakers putting… https://t.co/vSocjW94Cg
ICYMI: ECB’s De Cos Says First Interest Rate Cut Could Come In June - @business $EURUSD https://t.co/fI3t3WW5RI