ECB's Stournaras has made a significant statement indicating that the European Central Bank must cut interest rates twice before the summer break and another two times before the end of the year. This move, according to Stournaras, is essential to prevent monetary policy from becoming too restrictive. He also countered the argument that the ECB cannot cut rates before the Federal Reserve, suggesting that a total of four interest rate cuts in 2024 seem reasonable to maintain economic stability. Stournaras emphasized, 'Don't buy the argument that ECB can't cut before Fed' and stressed that 'Monetary policy must not become too restrictive'.
ECB must cut rates twice before summer break, another two times before year end, Stournaras says https://t.co/lXBtKQJJH5 https://t.co/9rxiItWRW5
ECB Must Cut Rates Twice Before Summer Break, Stournaras Says - BBG https://t.co/1tlB5OZkJn
ECBβs Stournaras: Have To Cut Rates Twice Before Summer Break - Four Interest Cuts In 2024 Seem Reasonable - Donβt Buy Argument That ECB Canβt Cut Before Fed - Monetary Policy Must Not Become Too Restrictive
*ECBβS STOURNARAS: HAVE TO CUT RATES TWICE BEFORE SUMMER BREAK
π΄ ECB'S STOURNARAS: WE NEED TO START CUTTING INTEREST RATES SOON.
π΄ ECB'S STOURNARAS: WE HAVE TO CUT RATES TWICE BEFORE SUMMER BREAK.
ECBβS STOURNARAS SAYS HAVE TO CUT RATES TWICE BEFORE SUMMER BREAK