Advertisements

ECB Policymaker Hints at Potential Interest Rate Cut

by Elena

European Central Bank (ECB) policymaker and Slovakian central bank Governor Peter Kazimir hinted on Wednesday that he believes the ECB is approaching its first interest rate cut.

Speaking during the presentation of the Slovakian central bank’s financial stability report (FSR), Kazimir noted, “Inflation is on a good trajectory.”

Advertisements

These remarks have raised eyebrows as they were made during the ECB’s quiet period preceding Thursday’s policy announcements.

Advertisements

Following Kazimir’s comments, the EUR/USD exchange rate remained relatively unchanged, hovering around 1.0880.

Advertisements

Related Topics:

Who Are European Central Bank Members?
What Is European Central Bank Interest Rate Chart?
How Many Countries Are Under ECB?

Advertisements

You may also like

blank

MydayFinance (www.mydayfinance.com) is a comprehensive foreign exchange industry website, providing global users with 24-hour comprehensive and timely foreign exchange market information, foreign exchange rate real-time query, foreign exchange rate conversion and other content.【Contact us: [email protected]

© 2024 Copyright  mydayfinance.com