European Central Bank (ECB) officials, including Martins Kazaks, are considering lowering borrowing costs due to easing inflation. Governing Council members Cipollone and Panetta suggest readiness to ease policy rates as risks to price stability fall and rapid disinflation continues. Panetta notes conditions for policy loosening are approaching as consumer price growth slows.
ECB’s Panetta sees time to cut rates nearing on ‘rapid’ inflation drop https://t.co/8ykaOslCgw via @Alemrome https://t.co/dnIgQE74D9
ECB Governing Council member Fabio Panetta says the growth in consumer prices is easing quickly and the time to lower interest rates is approaching https://t.co/RWopmLHoOB
ECB’s Panetta Sees Time to Cut Nearing on ‘Rapid’ Inflation Drop https://t.co/r60BZg2RgK
ECB'S PANETTA SAYS CONDITIONS FOR POLICY LOOSENING ARE NEARING || SAYS RISKS TO PRICE STABILITY HAVE FALLEN || SAYS TIGHT POLICY CONTRIBUTING TO RAPID DISINFLATION
🔴 ECB'S PANETTA: RISKS TO PRICE STABILITY HAVE FALLEN.
🔴 ECB'S PANETTA: TIGHT POLICY IS CONTRIBUTING TO RAPID DISINFLATION.
🔴 ECB'S PANETTA: CONDITIONS FOR POLICY LOOSENING ARE NEARING.
ECB'S CIPOLLONE: SO FAR FROM NEUTRAL RATE THAT THERE IS ROOM TO ADJUST
🔴 ECB'S CIPOLLONE: IF OUTLOOK HOLDS, WE SHOULD BE READY TO EASE SWIFTLY.
🔴 ECB'S CIPOLLONE: WE ARE WAITING FOR FURTHER DATA BEFORE STARTING THE NORMALISATION OF OUR POLICY RATES.
ECB'S CIPOLLONE: WAITING FOR FURTHER DATA BEFORE STARTING THE NORMALISATION OF OUR POLICY RATES
Inflation is on the back foot and June may be a good time for the ECB to begin lowering borrowing costs, as investors expect, Governing Council member Martins Kazaks says https://t.co/I4nL2PXoXR